Sequans Communications Secures $200M Equity Offering to Fuel Bitcoin Treasury Strategy

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Sequans Communications, a French semiconductor company, has launched a $200 million at-the-market equity offering program. The primary goal of this initiative is to fund the company's strategy of accumulating Bitcoin, aiming to significantly expand its digital asset holdings. This move positions Sequans as a notable player in the growing trend of corporations adopting Bitcoin as a treasury reserve asset.

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