Sequans adds 34 bitcoins to treasury, now holds 3,205 BTC
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Sequans Acquires 34 Additional BTC and Now Holds 3,205 BTC
September 2, 2025 6:02 AM EDTParis, France--(Newsfile Corp. - September 2, 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 34 bitcoins for approximately $3.8 million, at an average purchase price of $111,374 per bitcoin, inclusive of fees.
As of September 1, 2025, the company holds a total of 3,205 bitcoins. The total net investment in bitcoin amounts to approximately $374 million, reflecting an average acquisition price inclusive of fees of $116,653 per bitcoin.
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