Bitcoin Treasury Expansion: Sequans Plans $200 Million ATM Program
From financefeeds.com
Sequans Communications S.A. (NYSE: SQNS), a French semiconductor firm specialising in cellular IoT technologies, has announced a $200 million at-the-market (ATM) share sale to fund the growth of its Bitcoin treasury. This move comes as Sequans continues to build its digital asset holdings, having already amassed 3,171 BTC worth about $349 million. The company’s continued Bitcoin accumulation and $200 million fundraising plan are in line with its long-term strategic aim of accumulating 100,000 BTC by 2030. Sequans is now firmly established as one of Europe’s and the world’s most Bitcoin-forward corporate treasuries. ...
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