Mars Finance News: According to Businesswire, Nuvve, a NASDAQ-listed clean energy electric vehicle charging technology company, announced a public offering of 5,029,403 common shares at a price of $0.95 per share, raising approximately $4.8 million. The offering was led by Lucid Capital Markets as the bookrunner. Nuvve stated that the raised funds will be used to purchase Hyperliquid's native token HYPE to establish a token reserve. The company previously disclosed that its management has developed a digital financial strategy and plans to allocate 30% of idle funds to Bitcoin.
Energy electric vehicle company Nuvve plans to raise $4.8 million to establish HYPE token reserves and plans to invest 30% of idle funds in Bitcoin
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