Sequans launches Bitcoin treasury strategy with initial purchase of 370 BTC
Foresight News reports that U.S.-listed company Sequans (SQNS) has launched a Bitcoin treasury strategy, with an initial purchase of 370 BTC. The company plans to accumulate over 3,000 Bitcoins in the coming weeks and has selected a certain exchange as its custodian.
According to an earlier report by Foresight News, semiconductor-listed company Sequans has completed a $384 million fundraising round, which will be used to implement its Bitcoin treasury plan.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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