Sequans Communications S.A. announced on August 11, 2025, the acquisition of an additional 13 bitcoins. This purchase was made for approximately $1.5 million, at an average price of approximately $117,012 per bitcoin, inclusive of fees.
As of August 8, 2025, the company's total Bitcoin holdings reached 3,171 BTC. The total net investment in bitcoin amounts to approximately $370 million, reflecting an average acquisition price of approximately $116,709 per bitcoin.
This acquisition is part of Sequans' ongoing Bitcoin treasury strategy, where it views Bitcoin as a long-term investment. The company intends to strategically accumulate Bitcoin as its primary treasury reserve asset.
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