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Reading: France-Headquartered Sequans Acquires 85 Additional Bitcoin, Raising Total Holdings to 3,157 BTC
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Your Crypto News Today > News > Crypto > Bitcoin > France-Headquartered Sequans Acquires 85 Additional Bitcoin, Raising Total Holdings to 3,157 BTC
Bitcoin

France-Headquartered Sequans Acquires 85 Additional Bitcoin, Raising Total Holdings to 3,157 BTC

August 5, 2025 1 Min Read
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Sequans Communications S.A. (NYSE: SQNS), a Bitcoin Treasury firm and a supplier of 5G/4G mobile semiconductor options, introduced on August 4, 2025, the acquisition of a further 85 bitcoins for roughly $10 million, at a median buy worth of $117,360 per bitcoin, together with charges.

As of August 1, 2025, the corporate now holds a complete of three,157 bitcoins, with a complete web funding of roughly $368.5 million, reflecting a median acquisition worth of $116,708 per bitcoin. Sequans views bitcoin as a long-term funding and goals to strategically accumulate it as its major treasury reserve asset, using proceeds from fairness and debt issuances, in addition to money generated from operations. Headquartered in France and working globally, Sequans has places of work in america, United Kingdom, Switzerland, Israel, Singapore, Finland, Taiwan, and China.

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