Sequans Boosts Treasury with 3,171 BTC After $1.5M Buy
Sequans Communications (NYSE: SQNS) has further expanded its corporate treasury with a bitcoin acquisition of 13 BTC for about $1.5 million, at an average price of $117,012 per BTC (including fees). The move increases Sequans’ total bitcoin holdings to 3,171 BTC as of August 8, 2025, valued at roughly $370 million and brings its average acquisition cost to $116,709 per BTC.
This strategic crypto investment underscores growing institutional demand and may encourage additional corporate bitcoin acquisitions, bolstering market demand and reinforcing bitcoin’s role in balance sheet management.
Bullish
Sequans’s additional bitcoin acquisition signals sustained institutional demand and confidence in bitcoin’s long-term value. Such corporate treasury additions often lead to positive market sentiment, potentially supporting short-term price gains as traders anticipate further institutional buying. Over the longer term, continued corporate bitcoin acquisitions reinforce bitcoin’s role as a reserve asset, likely firming market stability and underpinning gradual upward price pressure.