Welcome to our dedicated page for Mill City Ventur news (Ticker: MCVT), a resource for investors and traders seeking the latest updates and insights on Mill City Ventur stock.
Mill City Ventures III Ltd (MCVT) delivers specialty finance solutions through secured, short-term lending arrangements. This news hub provides investors and stakeholders with comprehensive updates on the company's financial activities and market position.
Access timely updates including earnings reports, strategic partnerships, and regulatory filings. Our curated collection offers essential insights into MCVT's asset-backed lending operations and risk management practices.
Key coverage areas include quarterly financial results, loan portfolio expansions, executive leadership updates, and industry-specific developments. All content maintains factual accuracy while avoiding speculative analysis.
Bookmark this page for streamlined access to MCVT's evolving story in non-bank lending. Verify critical information directly from source materials while tracking the company's progress in specialty finance markets.
Mill City Ventures (NASDAQ:MCVT) announced a comprehensive corporate rebranding to SUI Group Holdings Limited, reflecting its strategic focus on the Sui blockchain treasury strategy. The company will change its ticker symbol from MCVT to SUIG, effective August 26, 2025.
As the only publicly traded company with an official Sui Foundation relationship, SUI Group aims to provide institutional-grade exposure to the SUI digital asset. The company's strategy focuses on long-term accumulation and activation of SUI to support the Sui network's advancement, aligned with the foundation's principles of transparency, open communication, and direct community engagement.
Mill City Ventures (NASDAQ: MCVT) announced that its common stock is now available for options trading on the Cboe Global Markets, effective August 22, 2025. The options trading includes standard expiration dates and strike prices, aiming to enhance investor participation and liquidity in Mill City shares.
The development provides investors with new tools for risk management, position leveraging, and expressing views on the company's future performance. Chief Investment Officer Stephen Mackintosh highlighted this milestone as evidence of growing institutional recognition and the success of Mill City's SUI treasury strategy. The options trading will be managed through the Options Clearing Corporation (OCC) under standard market regulations.
Mill City Ventures (NASDAQ: MCVT) reported Q2 2025 results and provided updates on its new SUI treasury strategy. The company achieved total investment income of $948,000 (up 7% YoY) and net income of $677,000 ($0.11 per share, up 64% YoY) from its legacy lending business.
On July 31, 2025, Mill City launched the first publicly traded, Foundation-backed SUI treasury strategy, raising $450 million through a PIPE offering. The company has accumulated 81.9 million SUI tokens as of August 10, 2025, generating approximately $26,000 daily through staking. The strategy is supported by an exclusive partnership with the Sui Foundation and managed by Galaxy Asset Management.
The company appointed Karatage co-founders Marius Barnett as Chairman and Stephen Mackintosh as CIO, maintaining its existing lending business while positioning itself as the largest publicly traded SUI treasury.
MCVT (NASDAQ: MCVT) has reported significant growth in its SUI treasury holdings, reaching 81,871,794 SUI as of August 10, 2025. The company recently acquired an additional 5,600,607 SUI at an average price of $3.65 per SUI.
The company's SUI holdings are currently valued at $316 million based on the August 10 price of $3.85 per SUI. MCVT holds approximately 0.92 SUI per common share, equivalent to $3.54 per share. The company is actively staking substantially all of its SUI, generating an estimated daily yield of $26,000 at a ~3% yield rate.
MCVT is currently trading at a 1.15x modified NAV (mNAV), with a total NAV of $463.9 million including SUI holdings, cash positions, and other assets.
Mill City Ventures (NASDAQ:MCVT) has announced a strategic partnership with Galaxy Digital (NASDAQ/TSX: GLXY) for managing its $450 million SUI treasury, marking the largest SUI treasury on public markets. Galaxy Asset Management will serve as the asset manager while also being a significant investor in Mill City.
The partnership aims to provide Mill City with institutional-quality execution, liquidity, and tailored staking strategies to grow SUI-per-share for shareholders. Galaxy participated in Mill City's recent $450 million private placement that initiated its SUI treasury strategy, positioning the company for long-term growth in the Sui blockchain ecosystem.
Mill City Ventures (NASDAQ: MCVT) has secured a significant $500 million equity line agreement with A.G.P./Alliance Global Partners. This strategic arrangement allows Mill City to sell up to $500 million of its common stock at its discretion, subject to certain conditions.
The agreement, which includes no commitment fee, will support Mill City's SUI treasury strategy. As the only Sui treasury with an official Sui Foundation relationship, the company aims to leverage this capital to scale its position and enhance public market access to the Sui blockchain through an institutional-grade wrapper.
Mill City Ventures (NASDAQ: MCVT) has successfully completed a $450 million private placement and launched its Sui blockchain treasury strategy. The company has acquired 76,271,187 SUI tokens at an average price of $3.6389 per token through an OTC agreement with the Sui Foundation.
Karatage Opportunities, led by Marius Barnett and Stephen Mackintosh, acted as lead investor alongside the Sui Foundation. Notable investors included Galaxy Digital, Pantera Capital, and other prominent firms. Barnett has been appointed as Chairman of the Board, while Mackintosh becomes Chief Investment Officer.
The company will dedicate approximately 98% of the net proceeds to SUI acquisition and treasury management, becoming the first publicly-traded SUI treasury with Sui Foundation backing. Galaxy Asset Management will serve as the Asset Manager.
Mill City Ventures III (NASDAQ:MCVT) has announced a significant $450 million private placement at $5.42 per share, involving the sale of 83,025,830 shares. The placement is led by Karatage Opportunities and Sui Foundation, with participation from notable firms including Galaxy Digital, Pantera Capital, and others.
The company plans to use 98% of proceeds to acquire SUI tokens as its primary treasury reserve asset, while 2% will fund its short-term lending business. Upon closing, expected around July 31, 2025, Karatage co-founders Marius Barnett and Stephen Mackintosh will assume positions as Chairman and Chief Investment Officer, respectively.
This strategic pivot establishes Mill City as the sole SUI treasury with Sui Foundation support, providing institutional-grade exposure to the Sui blockchain ecosystem through a publicly traded structure.
Mill City Ventures III (NASDAQ:MCVT), a non-bank specialty finance company, has announced two significant lending developments. The company has successfully amended a $2.5 million credit facility, increasing the interest rate from 15% to 24% and extending its maturity date. Additionally, Mill City has funded a new $400,000 secured short-term loan with a 24% interest rate.
CEO Douglas M. Polinsky emphasized the company's focus on maintaining disciplined underwriting standards while pursuing strong risk-adjusted returns. Mill City continues to see robust demand for its short-term capital solutions across various sectors, including real estate, small business lending, and opportunistic credit.
Mill City Ventures III (NASDAQ:MCVT), a non-bank lender and specialty finance company, reported strong Q1 2025 financial results. The company's net increase in assets from operations grew 18% to $451,746 from $382,103 in the prior year. Net asset value per share increased to $3.23 from $3.09 at the end of 2024.
During Q1, Mill City originated $3.25M in new short-term real estate loans and repurchased 322,482 shares for approximately $630,000 under its buyback program. CEO Douglas Polinsky expressed optimism for 2025, citing healthy investment income, strong credit performance, and continued loan demand.