Sequans acquires 1,264 bitcoin for $150 million treasury reserve
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Sequans Acquires 1,264 Additional BTC and Now Holds 2,317 BTC
July 21, 2025 6:02 AM EDTParis, 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
