BITPRISMIA
French public company Sequans plans to acquire 100,000 Bitcoin by 2030, signaling a significant corporate Bitcoin adoption trend and highlighting long-term confidence in Bitcoin's value.
Sequans Communications has expanded its Bitcoin reserves by acquiring an additional 755 BTC for $88.5 million, bringing its total holdings to 3,072 BTC, funded through a $380 million convertible note offering.
Sequans Communications has made a significant Bitcoin acquisition, purchasing 1,264 BTC for $150 million, and plans to issue $380 million in convertible bonds for further BTC purchases, reflecting a growing corporate trend in crypto investment.
Sequans Communications has significantly increased its Bitcoin holdings, reflecting a broader trend of corporate Bitcoin adoption for treasury management and value preservation.