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Stock impact report

Sequans (SQNS) Adopts Bitcoin for Treasury Reserves [Yahoo! Finance]

Sequans Communications S.A. American Depositary Shares (each representing one hundred (100) Ordinary Shares) (SQNS) 
Last sequans communications s.a. american depositary shares (each representing one hundred (100) ordinary shares) earnings: 4/23 06:00 am Check Earnings Report
US:NYSE Investor Relations: sequans.com/investors
Company Research Source: Yahoo! Finance
Communications S.A. (NYSE:SQNS) announced that it has acquired 370 Bitcoins. This purchase is part of the company's newly launched Bitcoin treasury strategy. This acquisition was funded by Sequans Communications S.A.'s (NYSE:SQNS) recent offering of ordinary shares and convertible debentures. A macro view of a 5G/4G chips and modules, displaying the cutting edge technology of the company. According to the CEO, Georges Karam, Sequans Communications S.A. (NYSE:SQNS) plans to strategically accumulate more than 2,000 Bitcoins in the coming weeks. The company sees Bitcoin as a good long-term store of value for its shareholders. On July 14, Sequans Communications S.A. (NYSE:SQNS) reported it acquired an additional 683 Bitcoins for about $79 million. After this purchase, the company had acquired a total of 1,053 Bitcoins for approximately $120 million. Sequans Communications S.A. (NYSE:SQNS) is a semiconductor company that specializes in wireless cellular technology for the Interne Show less Read more
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