Sequans Adds 1,264 Bitcoins to Balance Sheet Amid Growing Corporate Interest in Cryptocurrency.

Sequans Communications, a France-based fabless semiconductor firm, has purchased 1,264 Bitcoin for $150 million, bringing its total holdings to 2,317 BTC. The company's CEO emphasized the move aims to enhance financial resilience and long-term strategic optionality. The purchase comes after Sequans closed a $384 million private placement to fund its growing Bitcoin treasury strategy. The company's share price surged 8.2% following the announcement.

Sequans Communications, a France-based fabless semiconductor firm, has announced the acquisition of an additional 1,264 Bitcoin for $150 million. This move brings the company's total Bitcoin holdings to 2,317 BTC, acquired for approximately $270 million. The average purchase price per coin was around $118,659, including fees [1].

The purchase was made just weeks after Sequans closed a $384 million private placement to fund its growing Bitcoin treasury strategy. The company's CEO, Georges Karam, emphasized that the move aims to enhance financial resilience and long-term strategic optionality. The acquisition aligns with the company's vision of Bitcoin as a long-term store of value and primary treasury reserve asset [2].

Sequans' shares surged 8.2% following the announcement, although they later dropped 9% during Friday's trading session and are up 15.9% in pre-market trading. The stock's volatility reflects the market's ongoing debate about the integration of cryptocurrency into corporate treasury strategies [3].

This acquisition is part of a broader trend of corporate Bitcoin purchases. Over 273 companies now hold Bitcoin on their balance sheets, a doubling from 124 companies since June 5. The surge in corporate adoption coincides with record institutional inflows, with digital asset investment products recording all-time high weekly inflows of $4.39 billion [4].

Sequans' move comes amidst favorable regulatory developments and continued institutional maturation through regulated vehicles such as exchange-traded funds. The company plans to strategically accumulate assets using net proceeds from equity and debt issuances, cash from operations, and monetization of intellectual property [1].

References:
[1] https://www.tradingview.com/news/cryptonews:31c5fc5da094b:0-nyse-listed-sequans-buys-1-264-bitcoin-for-150m-institutional-investors-coming/
[2] https://finance.yahoo.com/news/sequans-buys-150m-bitcoin-doubling-115036205.html
[3] https://www.coindesk.com/business/2025/07/21/sequans-buys-150m-in-bitcoin-doubling-down-on-btc-treasury-after-384m-raise
[4] https://coincentral.com/sequans-communications-s-a-sqns-stock-slides-despite-bold-150m-bitcoin-bet/