Nuvve (NASDAQ: NVVE), a Nasdaq-listed green energy firm, has announced its plan to allocate 30% of its cash reserves to Bitcoin. This decision follows trends set by other companies like MicroStrategy, the largest corporate holder of Bitcoin with assets valued at over $48 billion.
The company primarily specializes in electric vehicle charging technologies and vehicle-to-grid solutions. Nuvve aims to leverage potential returns from Bitcoin while diversifying its treasury holdings.
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