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NASDAQ-listed company Sequans completes $384 million strategic investment, launches Bitcoin treasury program

Summary: According to reports, NASDAQ-listed company Sequans Communications S.A. (NYSE: SQNS) has announced the completion of a $384 million strategic investment, launching its previously announced Bitcoin treasury program. The financing includes $195 million in PIPE financing and $189 million in convertible bond issuance, with all net proceeds to be used for purchasing Bitcoin.

According to reports, NASDAQ-listed company Sequans Communications S.A. (NYSE: SQNS) has announced the completion of a $384 million strategic investment, launching its previously announced Bitcoin treasury program. The financing includes $195 million in PIPE financing and $189 million in convertible bond issuance, with all net proceeds to be used for purchasing Bitcoin.

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