Techub News reports, according to cointelegraph, that French semiconductor company Sequans Communications applied on Monday to issue 200 million dollars in stock through a market approach to support its Bitcoin funding strategy—its long-term goal is to accumulate 100,000 Bitcoins by 2030. Additionally, Sequans CEO Georges Karam expressed in a statement, "We intend to use it wisely to optimize our financial situation, increase the price of Bitcoin per share, and bring long-term value to shareholders."