【Sequans Announces $200 Million Equity Plan to Accelerate Bitcoin Reserve Strategy】Jinse Finance reports that the French semiconductor and IoT company Sequans Communications (NYSE: SQNS) has announced the establishment of an 'At The Market' (ATM) equity issuance plan, allowing the company to issue American Depository Shares at any time based on market conditions, with each share representing 10 shares of common stock, 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 expected to primarily be used to continue purchasing Bitcoin to support the company's long-term reserve strategy.