Bitcoin News Today: Sequans Launches $200M ATM Program to Buy 100,000 Bitcoin by 2030

Sequans Communications S.A., a publicly traded fabless semiconductor company specializing in 4G/5G cellular technology for IoT applications, has launched a $200 million “at the market” (ATM) equity offering program to further its Bitcoin treasury strategy [1]. The funds raised will be allocated toward the accumulation of Bitcoin, with the company aiming to hold 100,000 BTC by 2030 [2]. The ATM program allows the company to issue American Depositary Shares, each representing ten ordinary shares, with the flexibility to execute sales based on market conditions and without a fixed schedule [3].

Currently, Sequans holds 3,072 BTC, valued at approximately $349 million, establishing itself as a major Bitcoin holder in Europe [4]. Dr. Georges Karam, the company’s CEO, stated that the initiative is part of a broader strategy to optimize treasury management, increase Bitcoin per share, and deliver long-term value to shareholders [2]. The company emphasized that it will use the net proceeds from equity and debt issuances, along with operational cash flows and intellectual property monetization, to gradually increase its Bitcoin holdings [4].

The move aligns with a growing trend of corporate adoption of Bitcoin as a treasury asset. Sequans’ approach mirrors that of companies such as MicroStrategy, which has made significant Bitcoin purchases to diversify its reserves [6]. The company’s decision to focus exclusively on Bitcoin, rather than other cryptocurrencies, highlights a targeted and deliberate market strategy [3]. Financial analysts suggest that such moves could influence broader market dynamics and investor sentiment toward digital assets [4].

Sequans is executing the ATM program under a shelf registration statement on Form F-3, filed with the U.S. Securities and Exchange Commission (SEC). Share sales will be carried out at the company’s discretion and in compliance with applicable regulations [5]. The company has offices in the U.S., U.K., Switzerland, Israel, Singapore, Finland, and other global markets, reflecting its international footprint and strategic emphasis on both technological innovation and digital asset integration [7].

The company’s dual focus on cutting-edge semiconductor development and Bitcoin as a reserve asset underscores a forward-looking approach to value creation and risk diversification [7]. Analysts note that the strategic use of capital in Bitcoin signifies a shift in traditional corporate financial management practices [6]. As Sequans continues its phased implementation of the ATM offering, investors and market participants will be closely watching the impact of its Bitcoin treasury strategy on both the company’s financial performance and the broader cryptocurrency market [5].

Source:

[1] Sequans Communications S.A. (2025, August 20). Sequans Introduces “At The Market” (ATM) Equity Program to Support Long-Term Bitcoin Treasury Strategy. https://sequans.com/sequans-introduces-at-the-market-atm-equity-program-to-support-long-term-bitcoin-treasury-strategy/

[2] AInvest (2025, August 22). Bitcoin News Today: Sequans Launches $200M ATM Offering to Buy 3,072 Bitcoin. https://www.ainvest.com/news/bitcoin-news-today-sequans-launches-200m-atm-offering-buy-3-072-bitcoin-2508/

[4] AInvest (2025, August 23). Bitcoin News Today: Sequans Launches $200M Equity Offering to Expand Bitcoin Holdings. https://www.ainvest.com/news/bitcoin-news-today-sequans-launches-200m-equity-offering-expand-bitcoin-holdings-2508/