Bitcoin News Today: Sequans Communications Boosts Bitcoin Treasury to 3,072 Coins via $88.5M Equity Offering

Sequans Communications S.A., a Paris-based semiconductor firm, has acquired an additional 755 bitcoins at an average price of $117,296 per coin, including fees. This purchase, funded entirely by the net proceeds from a $88.5 million equity offering on July 7, 2025, brings the company’s total Bitcoin holdings to 3,072 coins as of July 25, 2025. The total investment now amounts to approximately $358.5 million, reflecting an average acquisition cost of $116,690 per bitcoin [1].

The firm, listed on the NYSE under the ticker SQNS, has positioned Bitcoin as a core component of its treasury strategy, viewing the cryptocurrency as a long-term store of value. It disclosed that Bitcoin purchases are made using net proceeds from equity and debt issuances, operational cash flow, and intellectual property monetization. Sequans has not revealed plans to use Bitcoin for operational expenses or employee compensation, emphasizing its role as a strategic reserve asset [1].

As a provider of 4G/5G cellular IoT chips and solutions, Sequans designs semiconductors for applications including secure payments, smart mobility, and industrial systems. The company claims to be the first publicly traded semiconductor firm to adopt Bitcoin as a primary treasury reserve asset. Its global operations span the U.S., Europe, and Asia, with a focus on integrating innovation in wireless communication technologies with its digital asset holdings [1].

The market reaction to the Bitcoin accumulation has been muted. SQNS shares declined by 28% on July 25, 2025, and had lost 41% over the previous five trading sessions, despite the purchase. The company’s current market valuation stands at $50.27 million, significantly lower than its Bitcoin holdings. Analysts note that while the investment represents a fraction of Bitcoin’s $2.35 trillion market cap at the time of the transaction, it aligns with a broader trend of institutional adoption [1].

Sequans’ approach mirrors strategies employed by companies like Marathon Digital and MicroStrategy, which have aggressively purchased Bitcoin to hedge against macroeconomic uncertainties. The firm’s decision to disclose its holdings publicly underscores the normalization of cryptocurrencies as corporate assets, particularly in jurisdictions with favorable tax treatments. However, the lack of transparency regarding the proportion of Sequans’ total assets allocated to Bitcoin complicates assessments of its financial strategy [1].

The acquisition highlights the growing intersection of traditional finance and digital assets. While Bitcoin’s price of $118,119 at the time of reporting reflected modest fluctuations, the company’s investment is framed as a long-term commitment rather than a speculative bet. Sequans’ strategy balances its core semiconductor innovation with a diversified treasury approach, aiming to future-proof its reserves against currency devaluation risks in an inflationary environment [1].

Source: [1] [Paris-Based Semiconductor Firm Sequans Boosts Bitcoin Treasury to Over 3,000 Coins] [https://news.bitcoin.com/paris-based-semiconductor-firm-sequans-boosts-bitcoin-treasury-to-over-3000-coins/], [2] [BTC to USD: Bitcoin Price in US Dollar] [https://www.coingecko.com/en/coins/bitcoin/usd]