Paris-headquartered Sequans Communications S.A. (NYSE: SQNS) has introduced the acquisition of an extra 13 bitcoin for roughly $1.5 million, at a median buy worth of $117,012 per bitcoin, inclusive of charges.
As of August 8, 2025, the corporate now holds a complete of three,171 bitcoins, with a complete web funding in bitcoin amounting to round $370 million, reflecting a median acquisition worth of $116,709 per bitcoin. Sequans, a European pioneer in adopting bitcoin as its main treasury reserve asset, plans to strategically accumulate bitcoin utilizing web proceeds from fairness and debt issuances, in addition to money generated from operations. The corporate continues to give attention to its core enterprise of offering mobile Web-of-Issues semiconductor options whereas leveraging its bitcoin holdings for long-term worth creation.
