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Closes Sequans

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…
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