The post Sequans Files For $200 Million Equity Offering To Buy More Bitcoin appeared on BitcoinEthereumNews.com. French semiconductor company Sequans Communications filed for a $200 million at-the-market equity offering on Monday to fuel its Bitcoin treasury strategy, with a longer-term aim to amass 100,000 Bitcoin by 2030. The program would allow the 4G and 5G chipmaker to issue American Depositary Shares — US dollar-denominated equity shares of a foreign company that are traded on US stock exchanges — at its discretion, it said in a filing to the Securities and Exchange Commission on Monday. “We intend to use it judiciously to optimize our treasury, increase Bitcoin per share, and deliver long-term value to shareholders,” Sequans CEO Georges Karam said in a statement.  Source: Sequans BitBo’s Bitcoin treasury data shows the Paris-based company currently holds 3,171 Bitcoin (BTC) worth $349 million on its balance sheet, making it Europe’s second-largest corporate Bitcoin treasury after Germany’s Bitcoin Group SE, which owns 12,387 BTC. Sequans revealed its plan to use Bitcoin as a core treasury asset on June 23, joining a growing trend of publicly traded companies adopting the cryptocurrency as an inflation hedge and store of value. The number of public companies holding Bitcoin has risen to 174, up from fewer than 100 at the start of 2025. Sequans could notch 5,000 Bitcoin with the proceeds The semiconductor company said the timing and volume of any share sales under the equity program would be at the company’s discretion, determined by market conditions and other factors. Net proceeds from the offering are expected to be “primarily used to continue accumulating Bitcoin in alignment with the Company’s treasury strategy,” Sequans said. At current market prices, $200 million could buy another 1,814 BTC, bringing its total Bitcoin stash to nearly 5,000 BTC, roughly the same amount Semler Scientific holds. Sequans closed Monday trading at $0.96, down 6.8% over the trading day. It… The post Sequans Files For $200 Million Equity Offering To Buy More Bitcoin appeared on BitcoinEthereumNews.com. French semiconductor company Sequans Communications filed for a $200 million at-the-market equity offering on Monday to fuel its Bitcoin treasury strategy, with a longer-term aim to amass 100,000 Bitcoin by 2030. The program would allow the 4G and 5G chipmaker to issue American Depositary Shares — US dollar-denominated equity shares of a foreign company that are traded on US stock exchanges — at its discretion, it said in a filing to the Securities and Exchange Commission on Monday. “We intend to use it judiciously to optimize our treasury, increase Bitcoin per share, and deliver long-term value to shareholders,” Sequans CEO Georges Karam said in a statement.  Source: Sequans BitBo’s Bitcoin treasury data shows the Paris-based company currently holds 3,171 Bitcoin (BTC) worth $349 million on its balance sheet, making it Europe’s second-largest corporate Bitcoin treasury after Germany’s Bitcoin Group SE, which owns 12,387 BTC. Sequans revealed its plan to use Bitcoin as a core treasury asset on June 23, joining a growing trend of publicly traded companies adopting the cryptocurrency as an inflation hedge and store of value. The number of public companies holding Bitcoin has risen to 174, up from fewer than 100 at the start of 2025. Sequans could notch 5,000 Bitcoin with the proceeds The semiconductor company said the timing and volume of any share sales under the equity program would be at the company’s discretion, determined by market conditions and other factors. Net proceeds from the offering are expected to be “primarily used to continue accumulating Bitcoin in alignment with the Company’s treasury strategy,” Sequans said. At current market prices, $200 million could buy another 1,814 BTC, bringing its total Bitcoin stash to nearly 5,000 BTC, roughly the same amount Semler Scientific holds. Sequans closed Monday trading at $0.96, down 6.8% over the trading day. It…