News View Non-AMP

Nuvve Bitcoin Strategy: 30% of Cash Allocated to Crypto in Bold New Move

Published by
Vignesh S G

Nuvve Holdings Corp., a Nasdaq-listed company known for its work in vehicle-to-grid technology, is preparing to add Bitcoin to its treasury. The company’s board recently approved a proposal to include BTC as part of its treasury management program. This announcement comes at a time when corporate adoption of cryptocurrency is a hot topic in the business world.

Here’s what you need to know.

Bitcoin – A Treasure to Hold!

On January 28, Nuvve confirmed it would include Bitcoin in its treasury. Experts believe this move will help the company diversify its financial holdings. Additionally, this decision fits into Nuvve’s larger plan to accept Bitcoin as a payment option for customers and suppliers.

Gregory Poilasne, Nuvve’s Founder and CEO, commented that adopting Bitcoin would give customers and suppliers more ways to pay, which could help improve business operations.

30% of Cash Set Aside for Bitcoin Purchases

Reports suggest that Nuvve plans to allocate at least 30% of its excess cash to purchase Bitcoin. The company will base this purchase on an estimated six months of operating expenses, according to sources close to the situation.

Nuvve Market Performance Analysis

At the start of the year, Nuvve’s stock was priced at $3.13. It peaked at $4 by the second trading day. However, between January 6 and 14, the stock dropped by about 32.55%. While the stock rose to $3.25 on January 21, it hasn’t fully recovered from the dip. On January 28, the price hit $4.39 at one point but is currently sitting at $2.81.

In the last 24 hours, Bitcoin has experienced a slight 0.1% increase in price, even as the overall cryptocurrency market saw a 2.3% decline. This shows Bitcoin’s relative stability compared to the broader market.

It’s Time for Strategic Diversification

Nuvve’s decision to adopt Bitcoin is a significant step in the growing trend of corporate crypto integration. By allocating 30% of its excess cash to Bitcoin, the company aims to diversify its assets while preparing to accept digital payments.

With increasing institutional interest in Bitcoin, Nuvve’s move could inspire other companies to follow, further driving the adoption of cryptocurrency in the business world.

Nuvve’s move is just one sign of a larger trend that may soon become the new normal. Bitcoin is here to stay!

Vignesh S G

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

Recent Posts

Darwin Breaks Through: The First Solana-Powered AI Platform Going Public – And It’s Not Playing Small

Something big is happening at the crossroads of AI, blockchain, and public markets, and this…

July 26, 2025

3 Best Cryptos Under $0.01 Ready to Explode in 2025 and Turn $100 Into $10,000

Historical crypto charts indicate that small coins, costing less than a penny, often experience explosive…

July 25, 2025

Ruvi AI’s (RUVI) Audited Token Could Rival Ripple (XRP) This Cycle, With New CoinMarketCap Listing It Won’t Stay in Phase 2 Long

The cryptocurrency world is buzzing with excitement as Ruvi AI (RUVI) gains momentum as a…

July 25, 2025

BitLemons ($BLEM) Poised for Growth as BTC Tests $118K Resistance and ETH Surges Past $3,700 – Is This the Breakout Moment Investors Have Been Waiting For?

The cryptocurrency market is experiencing a pivotal moment as institutional money floods into digital assets…

July 25, 2025

Bitcoin Price Prediction: Bullish And Bearish Scenarios Explained

Bitcoin is currently in a quiet phase. The price has been moving sideways without any…

July 25, 2025

The Smarter Web Company Expands Bitcoin Holdings to 1,825 BTC

The Smarter Web Company PLC, a publicly listed firm in the UK, has just added…

July 25, 2025