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The company MCVT has increased its holdings by over 5.6 million SUI, with the treasury holdings surpassing 81.87 million.
PANews, August 11 - According to BusinessWire, NASDAQ-listed company MCVT (NASDAQ: MCVT) disclosed that its SUI treasury has reached 81,871,794 coins, with a total value of approximately $316 million. Recently, the company purchased 5,600,607 SUI at an average price of $3.65, with about 92% of the SUI currently staked, generating daily earnings of approximately $26,000. Based on 89.08 million circulating shares, each share corresponds to 0.92 SUI or $3.54. The company's current market capitalization is approximately $534 million, with a price-to-book ratio of 1.15 times. MCVT is the only publicly traded company with official cooperation with the Sui Foundation, continuing to develop the SUI treasury and specialized financial services.