French Chipmaker Sequans Plans $200 Million Share Sale to Build Bitcoin Treasury

Here we have another company going and creating a BTC Treasury. It is interesting to see that the company is located in Europe (France) given the confusion and just general issues crypto has faced in Europe.

More power to them though and with the current pullback its a solid opportunity to take advantage and stack more sats then they otherwise would have been able to! Time will tell if companies keep doing this and if it as at the current pace that we are seeing.

Personally I think Strategy needs to stop buying just because they are becoming such a whale at this point.