Multiple sources (CryptoSlate, TodayOnChain) explicitly state that a chipmaker, identified as Sequans, has surpassed 3,000 BTC holdings (specifying amounts of 3,157 and 3,171 BTC) and has a target of 100,000 BTC. These sources also describe the company as 'government-backed' in their headlines. The core financial action of raising $384 million to buy Bitcoin is corroborated by Investopedia. While the details of the government backing aren't elaborated upon in the provided text, all claims in the statement are directly supported by the evidence.