Sequans Launches $384M Bitcoin Treasury Initiative with Swan Bitcoin Partnership
Bitcoin Magazine 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. 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 […] This post Sequans Launches $384M Bitcoin Treasury Initiative with Swan Bitcoin Partnership first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
