There is a very interesting news recently. There is a listed company in France called Sequans. This company has recently bought a lot of Bitcoin. How much did they buy? 1264! This is a lot of money. Including the previous purchases, they now have a total of 2317 Bitcoins.

You may ask, what does this company do? Sequans is actually a company that makes communication chips, mainly engaged in things like the Internet of Things. But now it seems that they really love Bitcoin and buy it so generously.

To be honest, more and more listed companies are starting to buy Bitcoin as asset reserves. You see, one Bitcoin is now worth tens of thousands of dollars. How much money will it cost to buy more than a thousand at once! But the company must have its own plans, maybe thinking that Bitcoin will be more valuable in the future.

This is also very interesting. A company engaged in communication technology does not study its own business well, but instead spends so much money on Bitcoin. But then again, Bitcoin is really hot now, and even listed companies have begun to hoard it. I just don’t know what price they bought it at. It would be embarrassing if they bought it at a high point.

Anyway, once this news comes out, it is estimated that many people who speculate in Bitcoin will be excited again. You see, big companies are so optimistic about Bitcoin, shouldn’t we small retail investors follow suit and buy some? However, when it comes to investment, we still have to be cautious. After all, the rise and fall of Bitcoin is too scary. $BTC