Sequans Communications Boosts Bitcoin Holdings to $370 Million
ByAinvest
Tuesday, Aug 12, 2025 9:51 pm ET1min read
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Paris-headquartered Sequans Communications S.A. (NYSE: SQNS) has announced the acquisition of an additional 13 bitcoins for approximately $1.5 million, increasing its total holdings to 3,171 bitcoins as of August 8, 2025. This strategic move reflects the company's commitment to leveraging cryptocurrency as a component of its investment portfolio.
The average purchase price per bitcoin, inclusive of fees, is $117,012. This acquisition brings the company's total net investment in bitcoin to approximately $370 million, reflecting an average acquisition price of $116,709 per bitcoin. Sequans has been strategically accumulating Bitcoin using net proceeds from equity and debt issuances, as well as cash generated from operations and intellectual property monetization.
Sequans views Bitcoin as a long-term investment and aims to continue building its Bitcoin treasury reserve. The company's management believes that the combination of a strategic Bitcoin reserve and its deep focus on semiconductor innovation positions the company for long-term value creation.
As of July 2, 2025, SQNS is up 0.78% premarket, trading at $1.27.
References:
[1] https://api.news.bitcoin.com/wp-json/bcn/v1/post?slug=sequans-acquires-13-additional-bitcoin-for-1-5-million-increasing-total-holdings-to-3171-btc
[2] https://www.ainvest.com/news/sequans-communications-acquires-additional-bitcoins-holding-370m-worth-cryptocurrency-2508/
[3] https://www.newsfilecorp.com/release/261974/Sequans-Acquires-13-Additional-BTC-and-Now-Holds-3171-BTC
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Sequans Communications has expanded its bitcoin holdings with a strategic acquisition, increasing its total to 3,171 bitcoins valued at approximately $370 million as of August 2025. The acquisition reflects the company's commitment to leveraging cryptocurrency as a component of its investment portfolio. The recent purchase underscores Sequans' proactive approach in the digital currency space and its confidence in bitcoin's potential as a valuable asset.
Title: Sequans Communications Expands Bitcoin Holdings to 3,171 BitcoinsParis-headquartered Sequans Communications S.A. (NYSE: SQNS) has announced the acquisition of an additional 13 bitcoins for approximately $1.5 million, increasing its total holdings to 3,171 bitcoins as of August 8, 2025. This strategic move reflects the company's commitment to leveraging cryptocurrency as a component of its investment portfolio.
The average purchase price per bitcoin, inclusive of fees, is $117,012. This acquisition brings the company's total net investment in bitcoin to approximately $370 million, reflecting an average acquisition price of $116,709 per bitcoin. Sequans has been strategically accumulating Bitcoin using net proceeds from equity and debt issuances, as well as cash generated from operations and intellectual property monetization.
Sequans views Bitcoin as a long-term investment and aims to continue building its Bitcoin treasury reserve. The company's management believes that the combination of a strategic Bitcoin reserve and its deep focus on semiconductor innovation positions the company for long-term value creation.
As of July 2, 2025, SQNS is up 0.78% premarket, trading at $1.27.
References:
[1] https://api.news.bitcoin.com/wp-json/bcn/v1/post?slug=sequans-acquires-13-additional-bitcoin-for-1-5-million-increasing-total-holdings-to-3171-btc
[2] https://www.ainvest.com/news/sequans-communications-acquires-additional-bitcoins-holding-370m-worth-cryptocurrency-2508/
[3] https://www.newsfilecorp.com/release/261974/Sequans-Acquires-13-Additional-BTC-and-Now-Holds-3171-BTC
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