addition

SUI Group Holdings has cemented its status as a titan within the Sui ecosystem. Its recent acquisition of 20 million tokens brings its total stash to over $344 million, making it a dominant force in the token’s economy.

Summary

SUI Group Holdings added 20 million SUI tokens, lifting its treasury to 101.8 million, valued at $344 million.
The Nasdaq-listed firm trades under SUIG and has exclusive access to discounted SUI via the Sui Foundation.
SUI rose over 4% following the announcement, trading between $3.25 and $3.40.

According to a press release dated September 3, the Minnesota-based company, which trades on the Nasdaq under the ticker SUIG, systematically added another 20 million Sui (SUI) tokens to its coffers.

The accumulation, executed under a unique arrangement with the Sui Foundation, pushes its total holdings to 101.8 million SUI, valued at over $344 million at current market rates. Chief Investment Officer Stephen Mackintosh said the move underscores the firm’s “conviction in the transformative potential of the SUI blockchain,” adding that it plans to continue seeking “accretive capital raises” to fund further purchases.

The strategy behind the SUI accumulation

SUI Group’s official relationship with the Sui Foundation grants it exclusive access to purchase discounted, locked SUI tokens directly from the source, unlocking a significant cost-basis advantage over the open market.

By maintaining substantial liquidity, approximately $58 million, according to the release, the firm positions itself to continue acquiring discounted locked tokens, a strategy designed to scale its treasury while optimizing value for shareholders.

To leverage its massive position, the company is not passively holding. The treasury update confirms that substantially all of the 101.8 million SUI is being actively staked on the network. This generates an estimated 2.2% annual yield, which currently translates to roughly $20,000 in daily staking rewards, SUI Group said.

For shareholders, the company has introduced a crucial metric dubbed SUI per share. As of September 2, that figure stands at 1.14. This is calculated by dividing the total treasury of 101.8 million SUI by the fully adjusted share count of 89.1 million common shares outstanding.

The metric provides a transparent measure of value, showing exactly how much of the underlying asset each share of SUIG stock represents. The increase from 0.92 SUI per share just weeks prior demonstrates the strategy’s immediate impact in concentrating asset ownership for each shareholder.

Following the announcement, SUI traded up more than 4%, rising from a daily low of $3.25 to as high as $3.40, though it remains well below its January peak of $5.35.

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Smeg Mini Milk Frother: two-minute review

The Smeg Mini Milk Frother is extremely easy to use, and would be a great choice for anyone who finds a steam wand tricky to use, or those who want to prepare cold drinks

It has three modes: Hot Milk Foam, Hot Milk, and Cold Milk Foam. As with all other Smeg devices I’ve tested to date, its controls are refreshingly straightforward. There’s a single button on the front, which you press once, twice, or three times to choose a setting. There’s no need to confirm your selection – just wait a few seconds and the frother will start.

The Smeg Mini Milk Frother has a single button, which you press once, twice, or three times to choose a mode (Image credit: Future)

The Smeg Mini Milk Frother’s 500W motor is remarkably quiet, and during my tests it was barely audible, registering only 40dB on my sound meter, with the occasional soft tick from the heating element on the hot foam mode. It was about the same volume as my fridge, and much quieter than texturizing milk with a steam wand. When your milk is ready, the Mini Milk Frother will beep to let you know.

The Smeg Mini Milk Frother is intended to be used with chilled full-fat dairy milk. In tests, hot foam was super thick, and best suited to topping a cappuccino or an espresso macchiato. It wouldn’t be suitable for a caffe latte, which requires milk to have a similar texture to emulsion paint. Unlike the Dreo Baristamaker or Smeg Multi Milk Frother, there’s no choice of foam textures.

Whether prepared hot or cold, full-fat dairy milk produced a thick foam suitable for cappuccinos, but not for pouring latte art (Image credit: Future)

The Cold Milk setting also made very thick and stable foam, which would work well for an iced cappuccino, while the Hot Milk program produced sweet milk ideal for night time, or for pouring onto hot chocolate powder.

When using the Hot Foam or Hot Milk mode, milk is heated to a consistent temperature of 140F / 60C, which is optimal for coffee – hot enough to keep the milk sweet without scalding it and denaturing its proteins.

The frother heated milk to a consistent temperature of 140F / 60C, which is optimal for coffee (Image credit: Future)

The instructions don’t mention plant milk, and unlike some other milk frothers, the Smeg Mini Milk Frother has no separate modes for non-dairy drinks. I did test it with oat and almond milk for comparison with frothers such as the Dreo Baristamaker, but since these aren’t explicitly recommended by Smeg, I didn’t factor its performance with plant milks into my final score.

In these tests, barista-style oat milk turned out very well – perhaps more so than dairy – producing a smooth, glossy foam. As is often the case, almond milk produced quite a stiff, dry foam, but it was very stable whether prepared hot or cold.

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Smeg only recommends using the Mini Milk Frother with full-fat dairy milk, but oat milk turned out thick and glossy foam using the Hot Foam setting(Image credit: Future)Almond milk produce a more stiff, dry foam(Image credit: Future)

The carafe has a non-stick lining that helps your foamed milk slide out easily, and that makes washing it up a breeze. Just bear in mind that it’s not suitable for use with metal utensils; if you need a tool to remove any foam, use something like a soft silicone spatula to avoid scratches.

The lid and whisk can be washed in the top drawer of a dishwasher, but the carafe and its base should only be cleaned carefully by hand using a cloth, and not immersed in water.

The Smeg Mini Milk Frother isn’t recommended for making drinks such as shakes or hot chocolate (there’s no mention of that in the manual), so I stuck with milk alone. If you’d like a quick and easy way to make frothy hot chocolate or other drinks, the Smeg Multi Milk Frother would be a better choice.

Smeg Mini Milk Frother: price and availability

List price £99.95 (about $140 / AU$210)
Not currently available in US or Australia
Costs much less than the Smeg Multi Milk Frother

The Smeg Mini Milk Frother has a list price of £99.95 (about $140 / AU$210), but at the time of writing it’s not available in the US or Australia.

For comparison, the Smeg Multi Milk Frother, which has six functions and is also suitable for making drinks like hot chocolate, costs $249.95 / £179.95 / $299 and is available globally. The Dreo Baristamaker, which I reviewed last year and has dedicated modes for plant-based milks, is $99 / £119.99 (about AU$150).

Today’s best Smeg Mini Milk Frother deals

Smeg Mini Milk Frother: specifications

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Dimensions (H x W x D)

7.9 x 3.7 x 3.7 inches / 200 x 93 x 93mm

Minimum capacity

2oz / 60ml

Maximum capacity

6oz / 180ml for hot foam or 4oz / 120ml for cold foam

Motor

500W

Modes

Noise

40dB

Smeg Mini Milk Frother: design

Minimalist 1950s-inspired design
Available in six colors
Non-stick lining for easy cleaning

The Mini Milk Frother is one of Smeg’s 1950s-inspired kitchen appliances, with a minimalist design and clean lines. It comes in six colors (black, cream, pastel green, pastel blue, red, and white), and has a glossy finish.

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The Smeg Mini Milk Frother has a carafe with non-stick lining and transparent lid, a power base, and a magnetic whisk(Image credit: Future)The base uses induction to power the Mini Milk Frother(Image credit: Future)The whisk is attached to the bottom of the carafe and rotated magnetically(Image credit: Future)

It comprises a carafe (which is shaped like a squared-off cylinder with rounded corners), a transparent plastic lid, a removable whisk that’s held in place magnetically, and a base that powers the frother using induction, similar to an electric toothbrush. Note that there’s no rechargeable battery, so you can’t use the frother when it’s not on its base.

The carafe has a non-stick ceramic lining, with raised markings on the inside showing the maximum and minimum fill levels. These are quite far down, and are a little difficult to see unless the light is just right.

The markings inside the Smeg Mini Milk Frother can be tricky to see unless the lighting is just right (Image credit: Future)

Each corner of the carafe can serve as a pouring spout – a smart choice that makes it easy to decant your prepared milk. It doesn’t have a fine pouring spout, so you won’t be able to use it to create latte art; but in tests, the hot milk foam was rather thick for that.

Should you buy the Smeg Mini Milk Frother

Buy it if

Don’t buy it if

Smeg Mini Milk Frother: also consider

If you’re not sure whether the Smeg Mini Milk Frother is the right device for you, here are two alternatives to bear in mind.

How I tested the Smeg Mini Milk Frother

I tested each of the Smeg Mini Milk Frother’s modes using fresh, chilled whole milk in accordance with Smeg’s instructions.

I also tried it with chilled oat and almond milk , since these are both popular choices for making coffee at home. However, I only tried this for the sake of comparison. I didn’t factor the frother’s performance with plant-based milks into my scores, since such milk alternatives aren’t explicitly recommended by Smeg.

I cleaned the non-stick carafe using a damp cloth as directed by the manual, and washed the whisk and lid by hand using warm water and dish soap.

Read more about how TechRadar tests, reviews, and rates products.

First reviewed August 2025

Smeg Mini Milk Frother: Price Comparison