Semiconductor company Sequans is raising $200M to buy Bitcoin

French semiconductor company Sequans Communications filed for a $200 million at-the-market equity offering on Monday to fuel its Bitcoin treasury strategy — with the longer-term aim to amass 100,000 Bitcoin by 2030. The program will allow the 4G and 5G chipmaker to issue American Depositary Shares — US dollar-denominated equityContinue Reading

Strong inflows into ARK 21Shares, Fidelity Bitcoin ETFs end 8-day outflow streak

ARK 21Shares and Fidelity’s Bitcoin ETFs combined for a $369.7 million net inflow, contributing to the market’s first inflow day since Feb. 14. The US spot Bitcoin exchange-traded funds recorded a $94.3 million inflow on Feb. 28 — breaking eight consecutive days of outflows as Bitcoin made a partial recoveryContinue Reading