Sequans Communications S.A. American Depositary Shares (each representing ten (SQNS)

Sequans Communications (NYSE:SQNS), a publicly listed semiconductor company known for its 4G and 5G IoT solutions, on Monday announced plans to raise approximately $384 million to establish a Bitcoin (CRYPTO: BTC) treasury as

The bitcoin treasury plan, backed by $384 million in funding, supports both Sequans’ IoT expansion and a new crypto partnership with Swan Bitcoin.

SQNS stock results show that Sequans Communications beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

Sequans Communications shares surge following a $200 million deal with Qualcomm to sell its 4G IoT technologies, while retaining its 5G technology and boosting its balance sheet.

SQNS stock results show that Sequans Communications beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

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