U.S. -listed company Sequans announced the completion of a strategic investment of US$384 million and the launch of the Bitcoin treasury program."

Crypto 7x24

2025-07-08 20:18:46

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Online reports that Sequans Communications S.A., a U.S. listed company (NYSE code: SQNS) announced that it has completed a strategic investment of US$384 million and will launch its previously announced Bitcoin treasury plan. The financing includes US$195 million PIPE financing and a US$189 million convertible bond issuance, with all net proceeds from the issuance being used to purchase Bitcoin.

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