Sequans Communications Raises $384 Million to Purchase Bitcoin

09-Jul-2025 Bitcoin.com

Sequans Communications Raises $384M to Buy Bitcoin

Sequans Communications (NYSE: SQNS), a French semiconductor company, announced on Tuesday that it has successfully closed a $384 million private placement offering and will use the proceeds to buy bitcoin. Sequans has also struck a partnership with U.S.-based Swan Bitcoin, a financial services firm that specializes in bitcoin-focused wealth management. Swan will assist Sequans with […]

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