Leading IoT Chipmaker Deepens Crypto Strategy with New Bitcoin Purchase
Sequans Communications S.A. (NYSE: SQNS), a global leader in 5G and 4G IoT semiconductor solutions, has further expanded its Bitcoin treasury with a strategic acquisition of 85 additional bitcoins, valued at approximately $10 million. This purchase reinforces the company’s growing commitment to integrating cryptocurrency into its corporate finance strategy.
The bitcoins were acquired at an average price of $117,360 per bitcoin, including all transaction fees. This move signals continued confidence in Bitcoin’s long-term value, as more tech firms explore digital assets as part of their treasury management approach.
Sequans Now Holds Over 3,150 Bitcoins Worth $368.5M
As of August 1, 2025, Sequans now holds a total of 3,157 bitcoins, bringing its total Bitcoin investment to approximately $368.5 million. The company’s average acquisition cost stands at $116,708 per BTC, showcasing a disciplined, long-term approach to accumulating digital assets.
Sequans is among a growing list of technology companies leveraging Bitcoin as a strategic reserve asset, seeing it as a hedge against inflation and a store of value amid global economic uncertainty. The move aligns with the company’s vision to stay at the forefront of technological innovation—not only through its advanced IoT semiconductor solutions but also through forward-thinking financial strategies.
By continuing to diversify its balance sheet with Bitcoin, Sequans positions itself as a modern tech firm that embraces both connectivity and decentralization—key drivers of the next wave of digital transformation.
