Bullish sentiment is returning to $BTC once again, as evidenced by a continued acquisition from large corporations like Sequans. The leading semiconductor solutions firm is showing no signs of slowing down in its aggressive Bitcoin acquisition strategy, which has endured in spite of market fluctuations.
A recent report shows that Sequans is doubling down on its bullish stance by making a fresh BTC buy on Monday. According to the post shared on the social media platform X, the company has acquired an additional 13 $BTC , valued at $1.5 million. Each coins were purchased at an average price of $117,012, inclusive of fees.
It is worth noting that the firm made the purchase as market optimism returns and Bitcoin experiences a fresh resurgence in price. This latest buy during the period indicates robust confidence from the company in BTC’s newfound upward momentum, which could extend to key resistance levels.
Following the latest purchase, the firm’s $BTC strategy reserve contains a total of 3,171 BTC. Its total net investment in Bitcoin now stands at almost $370 million, with an average purchasing price of $116,709 per coin, including fees.#BTCOvertakesAmazon #BTCReclaims120K #Write2Earn 🔥🔥