Paris-Based Semiconductor Firm Sequans Boosts Bitcoin Treasury to Over 3,000 Coins

CN
21 hours ago

The Paris-based semiconductor company disclosed that it purchased the leading cryptocurrency at an average price of $117,296 per bitcoin, inclusive of fees and expenses. This transaction brings Sequans’ total bitcoin holdings to 3,072 coins as of July 25, 2025.

All 3,072 bitcoins were acquired using the full net proceeds from the company’s equity offering completed on July 7, 2025. Sequans’ total net investment in bitcoin now amounts to approximately $358.5 million, reflecting an average acquisition cost of $116,690 per bitcoin, inclusive of fees.

Paris-Based Semiconductor Firm Sequans Boosts Bitcoin Treasury to Over 3,000 Coins

SQNS share prices have been turbulent over the past week.

Sequans, which said it pioneered adopting bitcoin as a primary treasury reserve asset for a publicly-traded semiconductor firm, views bitcoin as a long-term store of value. The company stated it strategically accumulates BTC using net proceeds from equity and debt issuances, operational cash flow, and intellectual property (IP) monetization.

As a provider of 4G/5G cellular Internet of Things (IoT) chips and solutions, Sequans designs semiconductors for applications like secured payment, smart mobility, industrial systems, and smart homes. Its technology portfolio includes baseband processors, RF transceivers, modules, and software.

Founded in 2003 and headquartered in Paris, Sequans (NYSE: SQNS) operates globally with offices across the U.S., Europe, and Asia. The company believes that combining its bitcoin reserve strategy with semiconductor innovation drives long-term value.

However, SQNS shares are down 28% on Monday, and shares have lost 41% over the past five trading sessions. The company currently has a modest market valuation of $50.27 million.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

你的下一笔交易可能价值1,000 USDT,交易抽奖,100%中奖
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink