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Sequans Communications shares surge 55.94% premarket after closing $384 million strategic investment in Bitcoin.
ByAinvest
Tuesday, Jul 8, 2025 6:42 am ET1min read
Sequans Communications S.A. surged 55.94% in premarket trading, with the company announcing the successful closing of a $384 million strategic investment to implement a bitcoin treasury initiative. This marks a major milestone in Sequans' strategic expansion into digital assets, reflecting strong conviction in Bitcoin as a premier asset and compelling long-term investment.
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