Sequans Boosts Bitcoin Holdings to 1,053 BTC With $79 Million Purchase

Sequans Communications has acquired 683 BTC, bringing its total holdings to 1,053 BTC worth approximately $120 million. The move reinforces the company’s commitment to bitcoin as a core treasury asset.

Semiconductor Firm Sequans Deepens Bitcoin Strategy With 683 BTC Buy

Sequans Communications S.A. (NYSE: SQNS), a leader in cellular IoT semiconductor technology, has deepened its commitment to bitcoin by acquiring an additional 683 BTC for approximately $79 million.

According to the announcement, this brings the company’s total bitcoin holdings to 1,053 BTC, purchased at an average cost of $113,893 per coin, inclusive of fees.

The strategic move comes just 1 month after Sequans adopted bitcoin as its primary treasury reserve asset in June 2025. By combining operational cash flow with capital from equity and debt markets, Sequans is actively pursuing a long-term financial strategy anchored in BTC.

“We believe our combination of a strategic bitcoin reserve and deep focus on semiconductor innovation positions Sequans for long-term value creation,” the company stated.

Sequans joins a growing list of public companies leveraging bitcoin as a store of value amid inflationary pressures and monetary uncertainty. Its treasury strategy mirrors that of firms like Strategy and Sharplink Gaming, signaling a broader institutional shift toward digital reserves.