fromBitcoin Magazine
1 day agoSequans Sells 970 Bitcoin To Slash Some Of Its Debt
The sale frees up capital and boosts flexibility for the company's ADS buyback program. Sequans is the first publicly listed Bitcoin treasury company to offload a significant portion of its holdings. The transaction does not change the company's long-term Bitcoin strategy, the company said. The Paris-based IoT semiconductor provider will continue to pursue its Bitcoin treasury initiative while exploring capital markets opportunities.
Cryptocurrency


