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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 29 Bitcoin for approximately $3.4 million, at an average purchase price of $115,517 per Bitcoin, inclusive of fees.
As of October 3, 2025, the Company holds a total of approximately 3,234 Bitcoin. The total net investment in Bitcoin amounts to approximately $377.2 million, reflecting an average acquisition price inclusive of fees of $116,643 per Bitcoin. At current market prices, with Bitcoin trading above $123,000, the estimated fair value of Sequan's Bitcoin holdings is around $400 million.
This expansion reflects Sequans' continued conviction in Bitcoin as its primary treasury reserve asset, a scarce and durable form of money that the Company believes provides long-term protection for shareholder value in an environment of global monetary expansion.
Posted In: SQNS
