Bitcoin treasury company's reverse stock split raises Bitcoin dumping fears on Wall Street
Bitcoin treasury firm Sequans Communications said it will reverse split its American Depositary Shares (ADSs) to remain listed on the New York Stock Exchange and appeal to larger institutional inve...
Source: CryptoSlate
Bitcoin treasury firm Sequans Communications said it will reverse split its American Depositary Shares (ADSs) to remain listed on the New York Stock Exchange and appeal to larger institutional investors. In a Sept. 4 statement, the company confirmed that each ADS will soon represent 100 ordinary shares instead of 10. The adjustment will take effect […]