Oui oui ๐ซ๐ท โ France has entered the chat, and itโs not playing small.
Sequans, a publicly traded tech firm, just bought 1,264 Bitcoin โ dropping a clean $150 MILLION into the king of crypto ๐
Letโs break this bullish bomb down ๐ง ๐
๐ง Who is Sequans?
๐ก Sequans Communications is a French publicly traded company specializing in 5G and IoT chipsets โ and now apparentlyโฆ Bitcoin stacking too.
This move positions them next to MicroStrategy, Tesla, and Block as one of the few public companies holding Bitcoin on their balance sheet. ๐ฅ
๐ฐ Why Itโs a BIG Deal:
๐น Institutional Validation โ Public companies donโt spend $150M on memes. This shows Bitcoin is now being treated as a serious, strategic asset โ
๐น Diversifying Treasury โ Just like gold used to be a reserve asset, Bitcoin is now being used to hedge against fiat risk, inflation, and macro uncertainty ๐ก๏ธ
๐น France Joins the Race โ Most corporate BTC buying has come from the U.S. and Asiaโฆ but this marks Europeโs entrance into the institutional BTC wave ๐
๐ Market Impact:
1,264 BTC = $150 million worth of circulating supply removed
With supply fixed and demand rising, this only increases the pressure on price ๐ฅ
๐ฎ Predictions & Alpha:
๐ข Bitcoin is entering Phase 2 of this bull cycle โ with institutions and governments buying, weโre likely heading toward the acceleration phase ๐
๐ข This kind of move hints at future European players entering Bitcoin, especially as the euro weakens and traditional hedges like gold stall
๐ข Prediction: This type of buy could be the catalyst that drives BTC to $135Kโ$150K by October if followed by similar announcements
๐ง Key Takeaway:
Bitcoin is no longer a speculative asset.
Itโs a strategic weapon against inflation, weak currencies, and monetary debasement. ๐ฃ
And now itโs being added to corporate balance sheets โ not just in the U.S., but in Europe too.
France is stacking. ๐ซ๐ท
What are you doing?
๐งจ Stay sharp, stack smart. Like, comment, share, and FOLLOW for 24/7 crypto alpha ๐ฅ
Big moves are coming โ donโt blink. ๐
