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According to Techub News, Nuvve, an electric vehicle charging technology company listed on Nasdaq, announced a public issuance of 5,029,403 shares of common stock at a price of $0.95 per share, raising approximately $4.8 million. Nuvve stated that the proceeds will be used to purchase Hyperliquid native Token HYPE to establish a token reserve. The company previously disclosed that the management has developed a digital financial strategy and plans to allocate 30% of idle funds for Bitcoin.

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