James Altucher-linked stock surges 400% ahead of earnings today

Core Insights - Nuvve Holding Corp. is a leader in grid modernization and vehicle-to-grid (V2G) technology, planning to create a crypto treasury and introduce Bitcoin payments [1] - The company will report its third-quarter earnings on November 13, with a plan to allocate up to 30% of excess cash for Bitcoin purchases [1] - Nuvve aims to introduce Bitcoin as a payment option for customers and suppliers [2] Cryptocurrency Strategy - Nuvve announced the establishment of a wholly owned subsidiary, Nuvve-DigitalAssets, focused on digital treasury operations, with at least 50% of its crypto portfolio allocated to Bitcoin [3] - The remaining allocation will include other cryptocurrencies such as Ethereum, Solana, Aave, Chainlink, and Avalanche [3] - James Altucher, a prominent Bitcoin advocate, will lead the Nuvve-DigitalAssets committee, supported by veteran financial commentator Tim Collins [4][5][6] Recent Developments - On November 12, NUUVE Japan Corporation secured an agreement targeting existing stationary storage batteries in Japan, leading to a significant stock price increase [7] - Following the Japan agreement, Nuvve's stock surged over 400%, reaching an intraday high of $0.6450 on November 13, with the stock currently trading at $0.5251 [8]