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Sequans Raises $200M to Grow Its Bitcoin Treasury

Published by
Qadir AK

French semiconductor company Sequans has filed to raise up to $200 million to expand its Bitcoin holdings. The company plans to gradually buy more Bitcoin, aiming to hold 100,000 BTC by 2030. This move strengthens its treasury strategy and aligns with a growing trend of tech firms investing in digital assets. Sequans currently holds over 3,000 BTC and aims to increase Bitcoin per share while delivering long-term shareholder value. The funds raised will help boost its position as a major Bitcoin holder.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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