Sequans acquires 1,264 bitcoin for $150 million treasury reserve

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/16/2026

1. VRNS
2. CRWV
3. TFC
4. JBHT
5. NEST:IN
6. AA
7. SCHW
8. TECHM:IN
9. POLYCAB:IN
10. MSCI

Go back to Sequans acquires 1,264 bitcoin for $150 million treasury reserve

Sequans Acquires 1,264 Additional BTC and Now Holds 2,317 BTC

July 21, 2025 6:02 AM EDT

Paris, France--(Newsfile Corp. - July 21, 2025) - Sequans Communications S.A. (NYSE: SQNS), a pioneer in adopting Bitcoin as its primary treasury reserve asset and a leading provider of cellular IoT semiconductor solutions, today announced the acquisition of an additional 1,264 bitcoin for ~$150 million at an average price inclusive of fees of ~$118,659 per bitcoin. As of July 18, 2025 we hold 2,317 bitcoins acquired for ~$270 million at an average price inclusive of fees of ~$116,493 per bitcoin.

About Sequans

Sequans Communications S.A. (NYSE: SQNS) is a fabless... More