$BTC YES!! Sequans allocates $384 million to launch its Bitcoin treasury initiative.
The offering includes equity securities and convertible secured notes.
Swan Bitcoin to assist in the execution of its treasury and BTC acquisition strategy.
Sequans Communications has launched a $384 million strategic investment initiative. The company intends to create a Bitcoin treasury alongside its core semiconductor operations.
Its this good?
Obviously, the company's stock even rose. It also means that Sequans plans to collaborate with Swan #bitcoin on treasury advisory and BTC accumulation.
Swan Bitcoin will offer strategic direction and the ability to manage Bitcoin purchases.
The partnership suggests a growing interest among technology companies in integrating crypto assets.
This step places Sequans in an emerging trend of companies that have adopted Bitcoin as a form of treasury reserves. It pursues the same policies as corporations to achieve long-term financial stability. This is timely, in line with the general anticipation of the next market cycle for Bitcoin.
CM.