Sequans Communications S.A. announced on July 21, 2025, the acquisition of an additional 1,264 bitcoin. This purchase was made for approximately $150 million, at an average price of approximately $118,659 per bitcoin, inclusive of fees.
As of July 18, 2025, the company's total Bitcoin holdings reached 2,317 BTC, acquired for approximately $270 million at an average price of approximately $116,493 per bitcoin. This represents a substantial increase in its digital asset reserves.
This acquisition is a further step in Sequans' strategy to accumulate Bitcoin as its primary treasury reserve asset. The company continues to fund these purchases using net proceeds from equity and debt issuances.
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