according to official sources, 5G/4G Internet of Things semiconductor and module developer and supplier Sequans Communications S.A. (NYSE: SQNS) announced today that it will launch a Bitcoin treasury program, marking its strategic expansion beyond its core cellular IoT semiconductor business. To advance this program, the company has reached agreements to issue and sell approximately $195 million in equity securities and $189 million in principal convertible senior notes through a private placement, with a total financing size of approximately $384 million.
