Sequans Closes $384 Million Investment To Launch Bitcoin Treasury Initiative
Bitcoin Magazine Sequans Closes $384 Million Investment To Launch Bitcoin Treasury Initiative Sequans Communications, a fabless semiconductor company focusing on 5G/4G IoT semiconductor technology, has officially closed a $384 million strategic investment to kick off its Bitcoin treasury initiative. The deal combines $195 million in equity financing and $189 million in secured convertible debentures, reflecting growing institutional appetite for Bitcoin. The Offering included the sale of over […] This post Sequans Closes $384 Million Investment To Launch Bitcoin Treasury Initiative first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
Bitcoin Magazine
Sequans Closes $384 Million Investment To Launch Bitcoin Treasury Initiative
Sequans Communications, a fabless semiconductor company focusing on 5G/4G IoT semiconductor technology, has officially closed a $384 million strategic investment to kick off its Bitcoin treasury initiative. The deal combines $195 million in equity financing and $189 million in secured convertible debentures, reflecting growing institutional appetite for Bitcoin.
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