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Sequans Communications S.A. (NYSE: SQNS) has purchased an additional 683 bitcoins, spending approximately $79 million at an average price of $116,213 per bitcoin, including fees. The acquisition signals the company’s growing confidence in the future of digital assets.
As of July 14, 2025, Sequans holds a total of 1,053 bitcoins, acquired for around $120 million, at an average price of $113,893 per bitcoin, including fees. This move positions Sequans among a growing number of tech firms investing in cryptocurrency as part of their treasury strategy.
The decision reflects a long-term belief in bitcoin’s value and resilience. Known for its innovations in cellular IoT semiconductors, Sequans is embracing crypto as a strategic asset, reinforcing the trend of digital transformation across the tech industry.
