Sequans, a US listed company, announced the completion of a $384 million strategic investment and the launch of its Bitcoin treasury plan

BlockBeats News: On July 8th, Sequans Communications S.A. (NYSE: SQNS), a US listed company, announced the completion of a $384 million strategic investment and will launch its previously announced Bitcoin treasury plan. This financing includes a $195 million PIPE financing and a $189 million convertible bond issuance, with all net proceeds from the issuance used to purchase Bitcoin.