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TechFlow news, August 26 — According to Business Insider, French IoT chipmaker Sequans Communications (NYSE: SQNS) announced the launch of an at-the-market (ATM) stock offering program worth up to $200 million, with proceeds to be used for implementing its long-term Bitcoin treasury reserve strategy. The company has previously purchased Bitcoin through fundraising and plans to continue holding Bitcoin as a primary treasury reserve asset.
According to Business Insider, Sequans Communications (NYSE: SQNS), a French IoT chip company, has announced the launch of an at-the-market (ATM) stock offering program worth up to $200 million, with proceeds to be used to execute its long-term Bitcoin treasury reserve strategy. The company has previously purchased Bitcoin through fundraising and plans to continue holding Bitcoin as a primary treasury reserve asset.
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