Sequans don boost im treasury wit 3,171 BTC after $1.5M buy
Sequans Communications (NYSE: SQNS) don increase dia company treasury by buying 13 BTC for about $1.5 million, with average price of $117,012 per BTC (including fees). Dis move make Sequans total bitcoin holdings reach 3,171 BTC as of August 8, 2025, wey dey worth around $370 million and the average price dem take buy each BTC na $116,709. Dis kain crypto investment show say demand dey increase from big companies and fit make more companies dey buy bitcoin, wey go boost market demand and make bitcoin dey important for how dem dey manage company money.
Bullish
Sequans dem get more bitcoin show say institutional demand still dey and dem still believe sey bitcoin go hold value for long term. Dis kain company treasury wey dey add more bitcoin sometimes dey cause better market feeling, fit help make price rise small for short term as traders dey wait for more institutions to buy. For long term, if companies keep dey add bitcoin, e go make bitcoin important as reserve asset, e go help steady market and make price steady go up slowly.