Government-backed IoT company Sequans plans to accumulate 100,000 Bitcoin over next five years

Sequans Communications plans to acquire 100,000 Bitcoin by 2030 to enhance shareholder value. Their strategy includes public capital raises, Bitcoin-backed lending, and monetizing intellectual property.

The CEO, Dr. Georges Karam, announced the company has already acquired over 3,000 Bitcoin in one month, focusing on disciplined accumulation to boost Bitcoin per share.