Sequans Acquires Initial 370 Bitcoins, Plans to Increase Holdings to 3,000 in the Coming Weeks
Odaily Planet Daily reports: French IoT semiconductor company Sequans Communications has announced the launch of its Bitcoin reserve strategy, using funds raised from its recent stock and convertible bond issuances to purchase an initial batch of 370 Bitcoins. Sequans plans to accumulate over 3,000 Bitcoins in the coming weeks and has selected an exchange as its custodian.
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Anthropic's IPO roadshow received strong investor demand within less than a day, prompting underwriters to consider raising the offering price to above $78 per share. The company’s valuation is expected to surpass 1.5 trillions USD, with total fundraising likely to exceed 100 billions USD. According to three Anthropic shareholders, the company's main goal is to raise as much capital as possible to support its extensive computing power expenditure plans.
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