July 10, 2025
11 11 11 AM
Latest Post
How to legally stake crypto in 2025 under the SEC’s new rules Bitcoin hits $113.8K all-time high as liquidity influx backs BTC price discovery NEAR Protocol Gains 5% Amid Surge in Trading Volume Bitcoin Breaks Fresh Record of $112,700 Sui Rallies Nearly 10% in Bullish Breakout Why 24/7 Digital Markets Will Power Development in Frontier Economies Japanese Real Estate Firm GATES to Tokenize $75M in Tokyo Property on Oasys Blockchain German State Lender NRW.BANK Issues €100M Blockchain Bond on Polygon DAOs 2.0: What’s Next For Decentralized Governance? ATOM Consolidates After Strong Rally, Testing Key Resistance

Sequans Communications Kicks Off Bitcoin Treasury with 370 BTC Purchase

Sequans Communications (SQNS), a leading cellular semiconductor maker, has announced its acquisition of 370 bitcoin BTC as part of a newly launched bitcoin treasury strategy.

The purchase was funded by proceeds from its recent equity and convertible debenture offering that closed on July 7.

“We are excited to begin executing our strategic plan to accumulate over 3,000 BTC in the coming weeks,” said Georges Karam, CEO of Sequans. “This initiative reflects our confidence in bitcoin as a long-term store of value for our shareholders.”

Sequans has chosen Coinbase as custodian, utilizing Coinbase Prime’s institutional-grade services.

Sequans Communications shares are up 2% in pre-market trading following the announcement of its bitcoin treasury strategy.

This post was originally published on this site

Please enter Coingecko Free Api Key to get this plugin works