Sequans Soars 27%: Bitcoin Treasury Play Ignites Explosive Rally—What’s Next?

• Sequans (SQNS) surged 27.2% to $4.96, hitting a 52W high of $5.50 amid a historic Bitcoin reserve announcement.
• The company acquired 370 BTC (worth $40.7M) as part of a $3,000 BTC treasury strategy, leveraging Coinbase Prime.
• Sector peers like Qualcomm (QCOM) dipped 1.1%, underscoring SQNS’s outlier momentum.

This explosive intraday move marks a seismic shift for the semiconductor firm, now doubling as a crypto treasury pioneer. The stock’s 27% surge—driven by its Bitcoin pivot—contrasts sharply with a subdued semiconductor sector, setting up a pivotal crossroads for investors.

Bitcoin Treasury Launch Ignites 27% Surge
Sequans’ meteoric rise stems directly from its bold Bitcoin treasury strategy. The company’s announcement of acquiring 370 BTC—funded via recent equity/debt offerings—sent shares soaring. CEO Georges Karam framed the move as a long-term store-of-value play for shareholders, while Coinbase’s institutional-grade custody underscored strategic credibility. This dual catalyst—strategic innovation and execution clarity—explains the 27% price surge, eclipsing broader semiconductor trends.

Bullish Options Playbook: Capturing Bitcoin-Fueled Momentum
Technical indicators highlight bullish momentum:
• MACD: 0.153 vs Signal Line -0.028 (bullish crossover, bullish histogram at 0.181).
• RSI: 79.5 (overbought, signaling short-term pullback risk).
• Bollinger Bands: Current price $4.96 exceeds Upper Band ($2.91), signaling extreme upside.
• Key Levels: Immediate resistance at $5.50 (52W high), support near $4.00 (pre-surge level).

Bulls should focus on SQNS’ Bitcoin narrative and technical strength. The SQNS20250718C5 (call option, strike $5) and SQNS20250815C5 (call, strike $5) stand out:
- SQNS20250718C5: Delta 0.575 (moderate bullish exposure), IV 237%, Turnover $60,138. Theta -0.055 (time decay manageable), Gamma 0.222 (high sensitivity to price swings).
- SQNS20250815C5: Delta 0.628 (strong bullish bias), IV 199%, Turnover $11,510. Theta -0.019 (minimal decay), Gamma 0.120 (balanced leverage).

In a 5% upside scenario ($5.21), the July $5 call yields a $0.21 payoff (255% return), while the August $5 call gains $0.26 (56% return). Aggressive traders may layer positions here: Buy SQNS20250718C5 for immediate leverage, or SQNS20250815C5 for extended duration.

Backtest Sequans Stock Performance
Sequans Communications (SQNS) experienced a significant boost in its stock performance following a 27% intraday surge on July 8, 2025. The surge was triggered by the company's bold move to invest $384 million in Bitcoin, which included $195 million in equity and $189 million in convertible debt. This strategic decision to build a Bitcoin treasury has positioned Sequans as a key player among publicly traded firms adopting Bitcoin as a primary treasury reserve asset, holding a total of 852,309 BTC.The impact of this news on SQNS stock was immediate and substantial, with the stock jumping over 40% on the day of the announcement. Despite the recent surge, SQNS stock has seen a year-to-date decline of 50–56%, reflecting earlier losses in the year. However, the intraday surge marks a significant positive development for the company and its investors.

SQNS’ Bitcoin Gamble: Hold the Bull Run or Fade the Overbuy?
Sequans’ Bitcoin pivot has transformed it into a crypto-semiconductor hybrid, but sustainability hinges on execution. Investors should monitor two key signals: 1) Whether SQNS accumulates the full 3,000 BTC target and 2) How semiconductor peers like QCOM (-1.1%) respond to broader sector headwinds. Technicals warn of overextension at $5.50, but Bitcoin’s price action could redefine the ceiling. Action Alert: Bullish bets remain viable below $5.50, but set stops near $4.50 to guard against Bitcoin volatility. This is a high-risk, high-reward call—only for traders willing to ride SQNS’ crypto-fueled wave.