Chip manufacturer Sequans plans to raise up to $200 million through financing to purchase BTC
ChainCatcher news, according to Decrypt, French chip manufacturer Sequans has submitted an application for an ATM equity issuance plan, aiming to raise $200 million to expand its Bitcoin reserves under a long-term reserve fund plan. The company currently holds over 3,000 Bitcoins, with a goal of increasing this number to 100,000 by 2030.
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