Semiconductor giant Sequans ditches cash for Bitcoin in $384m treasury overhaul

Sequans Communications is swapping traditional reserves for Bitcoin, funneling $384 million in newly raised capital into BTC. The company’s CEO cites Bitcoin’s “unique properties” as the driving force behind the strategic shift. On July 8, France-based Sequans Communications announced the…

Semiconductor giant Sequans ditches cash for Bitcoin in $384m treasury overhaul
Sequans Communications is swapping traditional reserves for Bitcoin, funneling $384 million in newly raised capital into BTC. The company’s CEO cites Bitcoin’s “unique properties” as the driving force behind the strategic shift. On July 8, France-based Sequans Communications announced the…