Sequans Raises $200 Million to Expand Bitcoin Holdings, Aiming for 100,000 BTC by 2030

French semiconductor firm Sequans Communications has raised $200 million through an equity offering. This move bolsters its Bitcoin treasury strategy with the goal of acquiring 100,000 BTC by 2030, positioning them as a major player in digital assets. The company’s strategic investment reflects a growing trend of corporate Bitcoin adoption that could impact market dynamics.