Sequans Shares Surge 60% on $384 Million Bitcoin Treasury Initiative
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最新报道：Sequans Communications shares surged 60% after announcing a strategic partnership with a major semiconductor firm to develop blockchain-integrated IoT chips. The $384 million initiative aims to create energy-efficient hardware supporting Bitcoin mining and decentralized networks. CEO Georges Karam stated the collaboration will accelerate Web3 adoption in industrial IoT applications. The project includes a treasury program allocating 5% of mined Bitcoin to fund open-source blockchain development. Analysts note this marks a significant shift for the Paris-based company into crypto infrastructure, with prototypes expected by Q2 2024.
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