Sequans buys 85 more bitcoins, bringing total holdings to 3,157 BTC

Sequans Communications S.A. (NYSE: SQNS) acquired an additional 85 bitcoins for approximately $10.0 million, at an average purchase price of $117,360 per bitcoin, inclusive of fees, according to a company statement.

As of August 1, 2025, the semiconductor company holds a total of 3,157 bitcoins. The total net investment in bitcoin amounts to approximately $368.5 million, reflecting an average acquisition price of $116,708 per bitcoin, inclusive of fees.

Sequans, which provides 5G/4G cellular IoT semiconductor solutions, describes itself as a pioneer in Bitcoin Treasury strategy. The company views Bitcoin as a long-term investment and intends to accumulate it as its primary treasury reserve asset using net proceeds from equity and debt issuances, cash from operations, and intellectual property monetization.

Founded in 2003, Sequans is headquartered in France and operates globally with offices in the United States, United Kingdom, Switzerland, Israel, Singapore, Finland, Taiwan, and China. The company specializes in wireless cellular technology for Internet of Things applications and offers 4G/5G solutions including LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap/eRedCap platforms.

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