French listed company Sequans launches 200 million USD ATM stock program to support Bitcoin reserve strategy

Sequans Communications, based in Paris, has launched a 200 million USD ATM stock program to enhance its Bitcoin reserve strategy. The company aims to optimize its financial structure while accumulating more Bitcoin per share.

CEO Georges Karam mentioned that the timing and amount of share issuance will adapt according to market conditions, reinforcing the company’s commitment to long-term shareholder value.

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