fromBitcoin Magazine
17 hours agoSequans Closes $384 Million Investment To Launch Bitcoin Treasury Initiative
"With the closing of this financing, we are excited to begin executing our bitcoin treasury strategy," said Georges Karam, CEO of Sequans. "We believe Bitcoin's unique properties will enhance our financial resilience and create long-term value for our shareholders. Our intention is to continue acquiring Bitcoin in the future, using excess cash generated from our core business operations and additional proceeds."
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