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Semiconductor Firm Sequans to Raise $384M for Bitcoin Treasury Push

Avatar photo Sonny S. Watts 1 day ago

Semiconductor developer Sequans Communications plans to raise $384 million to build its Bitcoin treasury. The company announced the fundraising effort on June 23, revealing a mix of $195 million in equity and $189 million in convertible debentures. These debentures can be turned into shares later. Sequans will partner with Swan Bitcoin, a firm specializing in […]

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.