France-based tech firm makes bold treasury bet as Bitcoin strategy intensifies.
July 21, 2025 – Binance Newsroom
Semiconductor innovator Sequans Communications (SQNS) has deepened its commitment to Bitcoin, acquiring an additional 1,264 BTC for $150 million, as part of its expanding digital asset strategy. This new purchase brings its total Bitcoin holdings to 2,317 BTC$BTC
, now worth over $270 million.
The company revealed the latest acquisition at an average price of $118,659 per BTC, inclusive of all associated costs. This moves its overall average purchase price to approximately $116,493 per BTC, showcasing strategic accumulation at key levels.
The investment closely follows a $384 million private funding round, which was secured through a blend of convertible debt, equity, and warrants. According to CEO Georges Karam, Sequans sees Bitcoin not only as a store of value but also as a hedge against fiat volatility and a long-term catalyst for financial resilience.
“Bitcoin enhances our strategic positioning by reinforcing our balance sheet against macroeconomic uncertainty,” Karam said.
Despite the bullish bet, Sequans’ stock dipped 9% in Friday’s trading session. However, pre-market momentum has shown a 15.9% rebound, indicating positive investor sentiment around its crypto-forward approach.
Sequans is joining a growing list of companies integrating Bitcoin into their treasuries, echoing moves by corporate giants like MicroStrategy and Tesla. The shift reflects increasing institutional trust in BTC as a core financial asset.
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