Foresight News reports that semiconductor and module developer and provider Sequans Communications SA (NYSE: SQNS) announced the successful completion of its previously announced private debt and equity offering, totaling $384 million, with participation from over 40 institutional investors. All net proceeds from this offering will be used to purchase Bitcoin, initiating the first phase of the company's previously announced Bitcoin funding strategy.
Semiconductor Public Company Sequans Completes $384 Million Fundraising and Will Implement Bitcoin Vault Plan
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