US-listed company Sequans announces the completion of a $384.00 million strategic investment and the launch of a Bitcoin treasury plan.

U.S. listed company Sequans Communications S.A. (NYSE: SQNS) announced the completion of a $384.00 million strategic investment and will launch its previously announced Bitcoin treasury plan. The financing includes a $195.00 million PIPE financing and a $189.00 million convertible bond issuance, with all net proceeds from the issuance to be used to purchase Bitcoin. [Odaily Planet Daily]