**Sequans Expands Bitcoin Holdings with $150 Million Purchase**
**Meta Description:** Sequans Communications has acquired an additional 1,264 Bitcoin for $150 million, increasing its total holdings to over 2,300 BTC as part of its treasury strategy.
**URL Slug:** sequans-bitcoin-acquisition
**Headline:** Sequans Communications Boosts Bitcoin Holdings to Over 2,300 BTC with Recent Acquisition
In a significant move towards corporate Bitcoin adoption, Sequans Communications, a Paris-based provider of 4G/5G IoT semiconductor solutions, has announced the acquisition of 1,264 additional Bitcoin for approximately $150 million. This purchase, made at an average price of $118,659 per Bitcoin, brings the company’s total Bitcoin holdings to 2,317 BTC, acquired for around $270 million at an average price of $116,493 per Bitcoin, including fees.
Since declaring Bitcoin as its primary treasury reserve asset in June 2025, Sequans has been actively investing in the cryptocurrency. The company finances these acquisitions through net proceeds from equity and debt issuances, alongside cash generated from operations and monetization of intellectual property. “We view Bitcoin as a long-term store of value and intend to strategically accumulate it as our primary treasury reserve asset,” Sequans emphasized in its announcement.
This latest purchase follows a previous acquisition of 683 BTC for $79 million just a week earlier, which had increased its holdings to 1,053 BTC. This earlier acquisition was part of a broader funding initiative, where Sequans raised $384 million—$195 million through equity and $189 million via secured convertible debentures—to support its Bitcoin treasury strategy. The offering also included common warrants that could potentially provide an additional $57.6 million in capital if exercised.
Georges Karam, CEO of Sequans, expressed enthusiasm about the company’s Bitcoin treasury strategy, stating, “With the closing of this financing, we are excited to begin executing our Bitcoin treasury strategy. We believe Bitcoin’s unique properties will enhance our financial resilience and create long-term value for our shareholders.”
To ensure secure custody and liquidity as it deepens its commitment to a Bitcoin-centric balance sheet, Sequans has partnered with Swan Bitcoin. With 2,317 BTC now in its possession, Sequans continues to demonstrate a strong belief in Bitcoin’s potential role in the future of corporate treasuries.
**FAQ**
**What is Sequans Communications’ strategy regarding Bitcoin?**
Sequans Communications aims to accumulate Bitcoin as its primary treasury reserve asset, viewing it as a long-term store of value to enhance financial resilience and shareholder value.
