Sequans Communications S.A. announced on August 4, 2025, the acquisition of an additional 85 bitcoins. This purchase was made for approximately $10.0 million, at an average price of approximately $117,360 per bitcoin, inclusive of fees.
As of August 1, 2025, the company's total Bitcoin holdings reached 3,157 BTC. The total net investment in bitcoin amounts to approximately $368.5 million, reflecting an average acquisition price of approximately $116,708 per bitcoin.
This acquisition is part of Sequans' ongoing strategy to accumulate Bitcoin as its primary treasury reserve asset. The company continues to use proceeds from equity and debt issuances, along with cash generated from operations, for these investments.
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