Sequans Doubles Down on Bitcoin: Unveils $200 Million Equity Offering

Paris-based semiconductor company Sequans has launched a $200 million equity program to bolster its Bitcoin treasury and maximize shareholder value. This move, detailed in a SEC filing (Form F-3), will allow the company to issue American Depositary Shares (ADSs) at its discretion for strategic expansion of Bitcoin holdings. Timing and share volume remain dependent on market conditions.