币界网报道:Paris-based IoT firm Sequans Communications (SQNS) announced plans to adopt a Bitcoin treasury strategy, funding purchases through $385M in private placements including $195M in equity securities and $189M in convertible bonds. CEO Georges Karam stated Bitcoin's "unique characteristics will enhance financial resilience and deliver significant value to shareholders." The semiconductor company joins a growing list of public firms leveraging equity/debt offerings for crypto exposure, with Swan Bitcoin advising on the treasury plan. Northland Capital Markets, B. Riley Securities, and Yorkville Securities are placement agents for the offering, expected to close by July 1. Sequans' shares dropped 12% to $1.62 following the announcement.