Sequans adds 683 BTC to its Bitcoin holdings.
Now holds 1,053 BTC worth $120M.
Bitcoin is its main treasury reserve since June 2025.
NYSE-listed chipmaker Sequans has made another bold move into Bitcoin. The company has purchased an additional 683 BTC for approximately $79 million, at an average price of $116,213 per coin. This strategic acquisition follows its recent decision to adopt Bitcoin as its primary treasury reserve asset.
This latest purchase brings Sequans’ total Bitcoin holdings to 1,053 BTC, now valued at around $120 million as of July 14, 2025.
From Chips to Crypto
Sequans, a known player in the Internet of Things (IoT) chip market, made headlines in June 2025 when it publicly announced a shift in its treasury strategy. The company raised $384 million in private financing, explicitly earmarking a portion of these funds for Bitcoin acquisition.
Their rationale is straightforward: to hedge against inflation, diversify treasury reserves, and align with a long-term belief in Bitcoin’s value proposition. Sequans now joins a growing list of public companies that are integrating Bitcoin into their financial strategy, signaling growing institutional trust in the digital asset.
NYSE-listed IoT chipmaker Sequans has purchased an additional 683 BTC for around $79 million at an average price of $116,213. As of July 14, 2025, it holds 1,053 BTC worth approximately $120 million. In June, Sequans adopted Bitcoin as its primary treasury reserve asset and…
— Wu Blockchain (@WuBlockchain) July 14, 2025
Bitcoin as Treasury Strategy
Bitcoin’s role as a corporate treasury asset has gained traction over the years. By adopting this approach, Sequans not only embraces Bitcoin’s potential but also aligns its strategy with other major players like MicroStrategy and Tesla. The company’s move could inspire more tech firms to rethink how they manage capital reserves.
With over $120 million worth of Bitcoin on its balance sheet, Sequans is positioning itself as a pioneer among hardware tech companies exploring digital asset investments.
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