Sequans Communications SA (NYSE: SQNS), Bitcoin treasury company and provider of 5G/4G cellular semiconductor solutions, announced on August 4, 2025, the additional 85 Bitcoin acquisition is around $10 million with an average purchase price of $117,360 per Bitcoin.
As of August 1, 2025, the company currently holds a total of 3,157 Bitcoin, with a total net investment of around $368.5 million, reflecting an average acquisition price of $116,708 per Bitcoin. Span considers Bitcoin to be a long-term investment, with the aim of using revenue from stocks and debt issuances as well as cash generated from the business to strategically accumulate as a major Treasury reserve asset. Headquartered in France, Span has offices in the United States, the UK, Switzerland, Israel, Singapore, Finland, Taiwan and China.
