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Sequans Communications S.A. (NYSE: SQNS), a global leader in cellular IoT semiconductor solutions and an early adopter of Bitcoin as a treasury reserve asset, has acquired an additional 1,264 bitcoins. The company invested approximately $150 million in this latest purchase, at an average price, including fees, of about $118,659 per bitcoin.
As of July 18, 2025, Sequans now holds a total of 2,317 bitcoins, acquired for roughly $270 million. The average price paid per bitcoin, including fees, stands at approximately $116,493. This aggressive expansion highlights the company’s long-term confidence in Bitcoin as a core financial asset.
Sequans continues to position itself at the forefront of corporate crypto adoption. By strengthening its Bitcoin reserves, the company underscores its belief in the growing role of digital currency in the global economy and reinforces its strategy of financial innovation through blockchain technology.
