Sequans's 34 Bitcoin holdings increased to 3,205, with a total investment of approximately US$374 million
Source: PANews
Time: 2025-09-02 18:51:11
PANews September 2nd news, according to Newsfile Corp, Sequans Communications announced that it would purchase 34 bitcoins for about $38 million, with an average price of $111,374 per coin (including handling fees). As of September 1, 2025, the company held a total of 3,205 Bitcoins, with a total net investment of approximately US$374 million, and an average purchase price of US$116,653. Sequans said it will continue to use Bitcoin as its main reserve asset, with funding sources including equity, debt issuance and operating cash flow.