Sequans Communications SA Expands Bitcoin Holdings to 3,171 BTC with Recent Acquisition

Reuters

08/11

<a href="https://laohu8.com/S/SQNS">Sequans Communications</a> SA Expands Bitcoin Holdings to 3,171 BTC with Recent Acquisition

Sequans Communications S.A., a leading provider of cellular IoT semiconductor solutions, has expanded its investment in Bitcoin, bolstering its position as a pioneer in adopting the cryptocurrency as its primary treasury reserve asset. The company recently acquired an additional 13 bitcoins for approximately $1.5 million, at an average purchase price of $117,012 per bitcoin. This acquisition brings Sequans' total Bitcoin holdings to 3,171, with a total net investment of around $370 million. This move underscores Sequans' commitment to integrating cryptocurrency into its financial strategy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sequans Communications SA published the original content used to generate this news brief via Newsfile (Ref. ID: 261974) on August 11, 2025, and is solely responsible for the information contained therein.

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The company recently acquired an additional 13 bitcoins for approximately $1.5 million, at an average purchase price of $117,012 per bitcoin. This acquisition brings Sequans' total Bitcoin holdings to 3,171, with a total net investment of around $370 million. This move underscores Sequans' commitment to integrating cryptocurrency into its financial strategy.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sequans Communications SA published the original content used to generate this news brief via Newsfile (Ref. ID: 261974) on August 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SQNS","symbol_name":"Sequans Communications","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250811:nNDL2TfqCx:1","article_id":"2558656937","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2558656937","pubTimestamp":1754906504,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Sequans Communications S.A., a leading provider of cellular IoT semiconductor solutions, has expanded its investment in Bitcoin, bolstering its position as a pioneer in adopting the cryptocurrency as its primary treasury reserve asset. 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