Sequans Communications S.A. announced on July 28, 2025, the acquisition of an additional 755 bitcoins for approximately $88.5 million. The average purchase price was approximately $117,296 per bitcoin, inclusive of fees.
As of July 25, 2025, the company holds a total of 3,072 bitcoins, successfully acquiring all using the full net proceeds from the offering completed on July 7, 2025. This achievement surpasses its initial target of accumulating over 3,000 BTC.
The total net investment in bitcoin amounts to approximately $358.5 million, reflecting an average acquisition price of approximately $116,690 per bitcoin. This demonstrates Sequans' commitment to its Bitcoin treasury strategy as a long-term store of value.
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