Sequans Announces $200 Million Equity Plan to Accelerate Bitcoin Reserve Strategy
By: theblockbeats.news|2025/08/26 00:22:19
BlockBeats News, August 26th, French semiconductor and IoT company Sequans Communications (NYSE: SQNS) announced the establishment of an "At The Market" (ATM) equity offering plan. The company may issue American Depositary Shares at any time based on market conditions, with each share representing 10 ordinary shares, for a total amount of up to $200 million.
Sequans stated that this plan will serve as a tool for the first phase of its Bitcoin reserve strategy, with the funds raised expected to be primarily used to continue purchasing Bitcoin to support the company's long-term reserve strategy.
WLFI: The token will begin unlocking at 8:00 AM Eastern Time on September 1st, and the related functional pages are now online
PBoC: Market Should Not Regard Powell's Speech as the Starting Point of a Series of Easing Measures
You may also like
Share
Gainers
Latest Crypto News
17:15
In the past 24 hours, the entire network liquidated $376 million, with the majority coming from the largest short position
17:15
The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 87.2%.
17:15
Trump: Will Announce New Fed Chair in Early Next Year
17:15
Coinbase International Site to Launch DASH Perpetual Contract Trading
16:45
A whale has deposited 1.01 million USDC into Hyperliquid to leverage 10x long on HOOD.
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]