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NYSE Giant Sequans Eyes $384M Bitcoin Treasury Move – Shareholders Hold the Keys
NYSE Giant Sequans Eyes $384M Bitcoin Treasury Move – Shareholders Hold the Keys
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Wall Street meets Satoshi as Sequans goes all-in on crypto reserves.
The big play: The NYSE-listed tech firm just secured a staggering $384 million war chest—with plans to funnel it straight into Bitcoin. No small bet for a company trading under the watchful eye of traditional finance.
Fine print: The ambitious treasury shift still needs shareholder approval. Because nothing says 'decentralization' like a corporate board vote.
If approved, Sequans would join the ranks of MicroStrategy and Tesla in stacking BTC as a reserve asset—proving once again that publicly traded companies crave Bitcoin's volatility like hedge funds crave management fees.
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