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NYSE-listed Sequans announces $384M fundraise to launch BTC Treasury, subject to shareholder approval

Sequans Communications announced a $384 million fundraising initiative to create a Bitcoin treasury, subject to shareholder approval. The move comes as the company faces delisting risks due to its market cap falling below NYSE requirements. On June 23, Sequans Communications announced plans to establish Bitcoin (BTC) treasury, marking a strategic expansion beyond its core business…

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Bitcoin’s price chart warned of potential weakness

Bitcoin’s recent plunge may have shocked casual traders, but those following the charts were well-prepared. A precise rejection from $108,900 played out exactly as predicted in earlier technical analysis. The sharp decline in Bitcoin’s (BTC) price action wasn’t random, it was mapped out in advance. The $108,900 level was a major technical resistance zone that…

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KindlyMD, Nakamoto secure $51.5m more for Bitcoin push

Utah-based telehealth provider KindlyMD is now channeling millions into Bitcoin via its expected merger with Nakamoto. The latest $51.5 million PIPE round proves investors are all-in on the crypto pivot, even as skeptics question the long-term play. KindlyMD and Nakamoto Holdings, the Bitcoin (BTC)-focused investment firm founded by David Bailey, announced on June 20 that…

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