Sequans Communications S.A., a developer of semiconductor solutions for the Internet of Things, has made a significant investment in Bitcoin by purchasing an additional 1264 BTC for approximately $150 million. The average price per coin in this transaction was $118,659, including transaction fees.
This is reported by Finway
Bitcoin as the Company’s Strategic Reserve
With this operation, Sequans’ total Bitcoin portfolio has doubled and now stands at 2317 BTC. The company has invested approximately $270 million in cryptocurrency, with an average cost basis of $116,493 per Bitcoin on its balance sheet.
“We view Bitcoin as a long-term store of value and intend to strategically accumulate it as our primary reserve asset,” the company’s official statement reads.
Funding for these investments is sourced from equity and bond placements, as well as from retained earnings and monetization of intellectual property, depending on market conditions.
Corporate Trend of Accumulating Bitcoin
Sequans has joined the ranks of companies that see Bitcoin as an effective tool for inflation protection, digital gold, and the foundation of the future financial system. Among these players is Strategy Corp, which currently holds over 601,000 BTC in its portfolio and is the largest public holder of this cryptocurrency.
The Japanese investment firm Metaplanet already owns 16,352 BTC, and in May 2025, American GameStop made its first investment in Bitcoin by acquiring 4710 coins. Additionally, Cardone Capital became the first in the real estate sector to accumulate 1000 BTC in its reserves.
On July 14, 2025, Bitcoin reached a historic price peak, rising above $123,000. As a result, the cryptocurrency surpassed Amazon in market capitalization, ranking fifth among the most valuable assets in the world.
At the time of writing, the price of Bitcoin is $117,860, according to TradingView data.
The unrealized profit of Sequans Communications S.A. due to the rise in Bitcoin’s price exceeds $273 million.