Sequans Buys 683 BTC, Now Holds Over $120 Million In Bitcoin
Briefly

Sequans Communications has acquired an additional 683 Bitcoin for approximately $79 million, resulting in total holdings of 1,053 Bitcoin worth about $120 million. The company adopted Bitcoin as its primary treasury reserve asset in June 2025, driven by long-term conviction in Bitcoin’s value. Financing from equity, debt, and operational cash has facilitated these strategic purchases. The company has also partnered with Swan Bitcoin for custody and liquidity support. CEO Georges Karam emphasizes Bitcoin's potential to enhance financial resilience and shareholder value.
"With the closing of this financing, we are excited to begin executing our bitcoin treasury strategy. We believe Bitcoin's unique properties will enhance our financial resilience and create long-term value for our shareholders."
"Sequans now holds a total of 1,053 Bitcoin, acquired for approximately $120 million at an average price of $113,893 per coin."
Read at Bitcoin Magazine
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