Sequans Communications Adds 755 BTC, Treasury Now Holds $358.5M In Bitcoin.
Sequans Communications has added 755 more bitcoins to its corporate treasury, bringing its total holdings to 3,072 BTC—now worth approximately $358.5 million.
The semiconductor firm, known for its 4G and 5G IoT chips, used proceeds from a recent equity raise to fund the $88.5 million purchase.
Sequans has adopted bitcoin as its primary reserve asset, accumulating over time via equity, debt, and IP revenue.
The company now holds roughly 0.17% of all bitcoin in circulation, reinforcing its long-term crypto strategy.
BTCS Raises $10M At 198% Premium, Ethereum Holdings Now Top $270M.
BTCS Inc. has added 14,240 ETH to its reserves, bringing total Ethereum holdings to 70,028 ETH—worth roughly $270 million at current prices.
The blockchain-focused firm also closed a $10 million capital raise through above-market convertible notes, priced at a 198% premium to its July 18 stock close.
CEO Charles Allen hailed the deal as proof of investor confidence in BTCS’s DeFi/TradFi “Accretion Flywheel” strategy.
Year-to-date, BTCS has raised $207 million through equity sales, debt, and DeFi borrowing.
Bitcoin Miner MARA Raises $950M To Buy BTC, May Expand To $1B.
MARA Holdings, the world’s largest publicly traded Bitcoin miner, has raised $950 million through a private offering of zero-interest convertible notes due 2032.
The company plans to use part of the proceeds to buy more Bitcoin and expand its treasury. An additional $200 million may be raised if initial purchasers exercise their option, pushing the total to $1 billion.
MARA has already used $18.3 million to repurchase older debt and $36.9 million for capped call costs.
Nano Labs Expands BNB Holdings To 128,000 Tokens, Strategic Reserve Now Over $108M.
China-based Web3 firm Nano Labs has boosted its BNB reserves to 128,000 tokens, now worth over $108 million.
The company recently acquired 8,000 additional BNB via an OTC deal at an average of $801 per token.
With a total average acquisition price of $713, Nano Labs is deepening its commitment to the BNB ecosystem.
The firm plans further expansion through continued token accumulation, strategic acquisitions of BNB-focused firms, and investments in BNB-centric enterprises to solidify its position.
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