don't buy
Mill City Ventures Plans $500 Million SUI Acquisition Expansion
I have learned that Mill City Ventures, a non-bank lender and specialized finance company listed on NASDAQ as MCVT, plans to raise up to $500 million more to purchase SUI tokens. Previously, CoinNess reported that Mill City Ventures conducted a private placement, raising approximately $450 million, which was used to acquire 76,271,187 units of SUI cryptocurrency.
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AI Analysis
This financial move by Mill City Ventures indicates a strong interest from institutional investors in SUI, a blockchain project that has been gaining attention recently. The company's strategy to rais...
AI Recommendation
Given the ongoing substantial investment by Mill City Ventures and their aggressive accumulation plan, it would be prudent for investors to monitor SUI’s market activity closely. This could be a stron...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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