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Sequans Shares Jump 35% After $384M Debt-Equity Raise to Fund Bitcoin Treasury

CoinDeskTuesday, July 8, 2025 at 3:23:17 PM
Sequans Shares Jump 35% After $384M Debt-Equity Raise to Fund Bitcoin Treasury
Shares of Sequans, a French chipmaker, skyrocketed 35% after the company announced it raised $384 million by converting debt into equity—with plans to funnel some of that cash into a Bitcoin treasury. Investors clearly liked the move, sending the stock soaring despite the broader market's usual skepticism toward crypto-linked bets.
Editor’s Note: This isn’t just another corporate Bitcoin play—it’s a sign that even traditional tech firms are betting big on crypto as part of their financial strategy. Sequans’ aggressive pivot (and the market’s thumbs-up) suggests that institutional confidence in Bitcoin isn’t dead, even after the crypto winter. For investors, it’s a risky but intriguing signal to watch.
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