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. Sequans plans to allocate this capital toward building a Bitcoin position […] This post Sequans Launches $384M Bitcoin Treasury Initiative with Swan Bitcoin Partnership first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
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.
Swan Bitcoin is excited to advise Sequans (NYSE: SQNS) on its Bitcoin accumulation strategy and to manage the execution of our plans. We look forward to sharing more in a few weeks. https://t.co/iPZ3nOEz5r— Cory Klippsten 
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