Sequans Sets Sights on 100,000 Bitcoin: Strategic Investment in Digital Asset Holdings

French chipmaker Sequans is aiming to amass a significant Bitcoin stash by 2030, with plans to acquire up to 100,000 BTC. The company’s new strategy will involve allocating proceeds from the sale of American Depositary Shares, potentially bolstering its Bitcoin holdings to nearly 5,000 BTC. This move aligns with Sequans’ long-term goal of integrating Bitcoin into its financial strategy as a core asset.