Paris Headquarted Sequans Communications SA (NYSE: SQNS) has announced the acquisition of an additional 13 Bitcoin at around $1.5 million, with an average purchase price of $117,012 per Bitcoin, including fees.
As of August 8, 2025, the company holds a total of 3,171 Bitcoin, with a total net investment in Bitcoin reaching approximately $370 million, reflecting an average acquisition price of $116,709 per Bitcoin. Span, a European pioneer who employs Bitcoin as a major Treasury reserve asset, will strategically accumulate Bitcoin using net income from equities and debt issuances, as well as cash generated from operations. The company continues to focus on its core business of providing cellular Internet semiconductor solutions, while leveraging Bitcoin Holding for long-term value creation.
