Sequans Launches $384M Bitcoin Treasury Initiative With Swan Bitcoin Partnership

Sequans Communications, a France-based developer of 5G and IoT semiconductor technology, has announced a move into Bitcoin with a new treasury initiative backed by a $384 million private placement....

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Sequans Launches $384M Bitcoin Treasury Initiative With Swan Bitcoin Partnership

Source: Bitcoin Magazine

Sequans Communications, a France-based developer of 5G and IoT semiconductor technology, has announced a move into Bitcoin with a new treasury initiative backed by a $384 million private placement.   The funding includes $195 million in equity securities and $189 million in convertible secured notes. Sequans plans to allocate this capital toward building a Bitcoin position […]