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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…
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