nuvve

According to a report by Businesswire, Nasdaq-listed clean energy electric vehicle charging technology company Nuvve Holding Corp. (Nasdaq: NVVE) announced that its board has approved an initial purchase of $3 million worth of HYPE tokens, reflecting the company's ongoing commitment to blockchain infrastructure and confidence in the transformative potential of the HYPE ecosystem.

ChainCatcher news, according to businesswire, Nasdaq-listed clean energy electric vehicle charging technology company Nuvve announced a public offering of 5,029,403 shares of common stock at a price of $0.95 per share, raising approximately $4.8 million. The offering is managed by Lucid Capital Markets.Nuvve stated that the funds raised will be used to purchase Hyperliquid's native token HYPE to establish a token reserve. The company previously disclosed that management has developed a digital finance strategy and plans to allocate 30% of idle funds to invest in Bitcoin.

ChainCatcher news, according to Cointelegraph, the clean energy electric vehicle charging technology company Nuvve, which is listed on Nasdaq, stated that it plans to use up to 30% of its remaining cash to purchase Bitcoin "based on its expected six months of operating expenses."Nuvve indicated that increasing its Bitcoin holdings would diversify its treasury assets, aligning with its goal of offering Bitcoin payment options.However, according to Google Finance data, on January 28, Nuvve (NVVE) closed up 1.81% at $2.81, down from an intraday high of over $4, but rose 1.42% in after-hours trading to $2.85.