Sequans Communications S.A. announced on September 2, 2025, the acquisition of an additional 34 bitcoins. This purchase was made for approximately $3.8 million, at an average price of approximately $111,374 per bitcoin, inclusive of fees.
As of September 1, 2025, the company's total Bitcoin holdings reached 3,205 BTC. The total net investment in bitcoin amounts to approximately $374 million, reflecting an average acquisition price of approximately $116,653 per bitcoin.
This acquisition is part of Sequans' ongoing 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, as well as cash generated from operations.
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