Sequans has purchased 1,264 BTC for $150 million at an average price of $118,659 per Bitcoin

Paris-based semiconductor firm Sequans Communications S.A. announced that it has acquired 1,264 additional bitcoin (BTC) for approximately $150 million, at an average purchase price of $118,659 per BTC including fees. This latest transaction is part of the company’s formally declared strategy, launched in June 2025, to use bitcoin as its primary treasury reserve asset and to build a sizeable on-balance-sheet BTC position. Following this purchase, Sequans disclosed that, as of July 18, 2025, it held 2,317 BTC in total, acquired for about $270 million at an average cost of $116,493 per BTC. The move reinforces Sequans’ positioning among the more aggressive corporate adopters of bitcoin for treasury management, comparable in strategy (though not in scale) to firms like MicroStrategy. The company has funded its BTC accumulation through a mix of equity and debt issuance and cash from operations and intellectual property monetization, and has entered a dedicated Bitcoin treasury management agreement with Swan Bitcoin to handle custody, strategy, and execution. According to coverage of the deal, Sequans’ holdings around this time made it one of the larger publicly traded corporate bitcoin holders globally, and the firm has signaled its intent to continue accumulating BTC as a long-term store of value on its balance sheet.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• Sequans Buys 1,264 More Bitcoin, Bringing Holdings To Over 2,300 ... (bitcoinmagazine.com)
• JUST IN: Sequans has just purchased an additional 1,264 bitcoin for ... (x.com)
• Sequans partners with Swan Bitcoin for treasury management (investing.com)
• Sequans Communications S.A. - Bitcoin Holdings & Analysis (bitcointreasuries.net)
• Sequans Acquires 1,264 Additional BTC and Now Holds 2,317 BTC (nasdaq.com)

Explore the topic

• BTC
• Bitcoin