Sequans Adds 1,264 BTC to Treasury, Expands Holdings to 2,317 Bitcoin

Bitcoin

Sequans Adds 1,264 BTC to Treasury, Expands Holdings to 2,317 Bitcoin

• Sequans acquires 1,264 BTC for $150M at an average price of $118,659 per BTC
• Total Bitcoin holdings rise to 2,317 BTC, acquired for $270M at $116,493 average
• The company reinforces its commitment to Bitcoin as a primary treasury reserve asset

Sequans Communications (NYSE: SQNS) acquired 1,264 additional Bitcoin for approximately $150 million, the company announced on July 21, 2025. The average purchase price, including fees, was around $118,659 per Bitcoin. This latest transaction increased its total Bitcoin holdings to 2,317 BTC.

The accumulated Bitcoin was acquired for a total of $270 million, with an average cost of $116,493 per BTC. Sequans has used proceeds from debt and equity offerings to support its Bitcoin strategy. The company also reinvests cash generated from operations and monetized intellectual property.

Despite recent volatility in its stock, Sequans remains committed to Bitcoin accumulation. The company maintains more cash than debt, though shares dropped nearly 50% last week. Nevertheless, its Bitcoin-focused strategy signals a long-term commitment to crypto-based value storage.

Crypto Strategy Advances as Stock Shows Volatility

Sequans continues to deepen its exposure to Bitcoin amid heightened market volatility. The company recently closed a $384 million private placement to fund its crypto treasury initiative. This strategy includes working with Swan Bitcoin for execution and regulatory oversight.

Despite adopting Bitcoin as a reserve asset, Sequans‘ stock (NYSE: SQNS) dropped 9.09% to $2.70 on July 21, according to Google Finance data. The share price hit a low of $2.53 during the session before recovering in after-hours trading, rising 15.19% to $3.11. The company’s market capitalization now stands at $100.19 million, significantly below the value of its Bitcoin holdings.

While management aligns Bitcoin accumulation with long-term strategy, market reactions have been mixed. Volatility in the stock price reflects broader investor sentiment around corporate crypto adoption. The move positions Sequans among a small group of tech firms aligning financial reserves with digital assets.