Sequans Potentially Expands Bitcoin Holdings to Over 2,300 BTC Amid Market Volatility

Key Points

1. Sequans Communications acquired an additional 1,264 Bitcoin for approximately $150 million, raising its total holdings to 2,317 BTC at an average cost of $116,493 per coin.

2. The company's stock experienced notable volatility, dropping nearly 50% in the prior week and declining 9.09% to $2.70 on July 21, 2025, but rebounded 15.19% in after-hours trading.

3. Sequans' Bitcoin accumulation is supported by a $384 million private initiative, aligning with emerging investor preferences for blockchain-based assets.

4. The company's market capitalization remains around $100 million, significantly below the value of its Bitcoin holdings, reflecting mixed investor sentiment toward corporate crypto adoption.