Future Finance Research Institute

Nuvve Holding to allocate 30% of excess cash to Bitcoin purchases

Nuvve Holding to allocate 30% of excess cash to Bitcoin purchases

Nuvve Holding ( NVVE ) announced its board of directors has approved the inclusion of Bitcoin as a primary asset in the company’s treasury management program. Nuvve will allocate up to 30% of its excess cash, calculated based on its estimated six-month operating expenses, toward BTC purchases. This BTC allocation will be subject to, among other factors, market conditions and the company’s operational cash requirements, including its planned expansion strategy further into the V2G sector.

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