
Government-backed Sequans secures $384M to kick off Bitcoin treasury initiative, stock jumps 60% pre-market
Key Takeaways Sequans Communications secured $384 million to launch a Bitcoin treasury initiative. Funds raised through equity and debt offerings will be used to acquire Bitcoin for the company’s reserves. Share this article Sequans Communications, a Paris-based semiconductor company backed by the French government, has successfully closed a $384 million investment through a mix of…