🚨 𝗦𝗲𝗾𝘂𝗮𝗻𝘀 𝗧𝗼 𝗕𝘂𝘆 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗪𝗶𝘁𝗵 $𝟯𝟴𝟰𝗠 — 𝗕𝗶𝗴 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗠𝗼𝘃𝗲!
💼 Sequans Communications, a tech company focused on semiconductors and IoT, is planning to invest $384 million in Bitcoin as part of its new treasury strategy.
🔹 The money will be raised through:
$195M from selling new shares
$189M in convertible debt (can turn into shares later)
🤝 Sequans is teaming up with Swan Bitcoin, a firm that helps companies manage Bitcoin treasuries.
🗣️ CEO Georges Karam said the company believes Bitcoin is a strong long-term asset.
📈 Companies Are Rushing Into BTC
Metaplanet just added 1,111 BTC
Nakamoto Holdings raised $51.5M for Bitcoin
Over 240 companies now hold BTC, nearly double from just weeks ago
Together, they own ~4% of total BTC supply
👀 Expert Opinion
🧠 Bitcoin pioneer Adam Back said it’s time to move away from altcoins and focus on BTC, calling this trend the "new alt-season" — but for Bitcoin.
🏢 Big Tech Still Not In
Companies like Amazon, Meta, and Microsoft are still cautious, avoiding Bitcoin due to volatility and regulation concerns.
🥇 MicroStrategy (Now "Strategy") Leads the Pack
They hold over 592,000 BTC worth $60B, showing how serious corporate Bitcoin adoption is getting.
👉 Bottom Line:
Sequans is the latest to bet big on Bitcoin, joining a fast-growing list of firms using crypto as a long-term financial strategy.