1.264 Bitcoin have been added to the Sequans balance sheet, bringing the total allocation to 2.317 BTC held and strengthening the strategy of using digital assets as the main corporate store of value.
What does Sequans’ new Bitcoin acquisition consist of?
On July 21, 2025, Sequans Communications S.A. (NYSE: SQNS) announced the purchase of 1,264 Bitcoin for a total value of approximately 150 million dollars. The average price, including fees, is about 118,659 dollars per Bitcoin. With this transaction, the French company surpasses the threshold of two thousand units in its portfolio: exactly 2,317 Bitcoin held as of July 18, 2025.
In total, Sequans has invested approximately 270 million dollars to accumulate its reserve, with a weighted average price of 116,493 dollars per Bitcoin.
Why is Sequans betting on Bitcoin as a corporate reserve?
Sequans is one of the first European operators in the semiconductor sector to adopt Bitcoin as a primary balance sheet asset. The group holds a large “long-term” reserve and indicates the intention to regularly increase its position in the markets, strategically choosing the timing based on global economic and financial conditions.
The declared philosophy is to focus on Bitcoin as a “store of value” and “hedge against inflation,” similar to what pioneers like MicroStrategy have done in the United States. The operation takes place with capital raised through new stock or debt issuances, as well as from operating income and the monetization of intellectual property.
How is the Bitcoin reserve of Sequans funded?
Sequans allocates for the purchase of Bitcoin not only the liquidity generated from the core business, but also uses:
- Proceeds from the issuance of nuove azioni and strumenti di debito
- Cash generated from operatività ordinaria
- Liquidity obtained from the monetization of intellectual property
This methodology allows flexibility and enables Sequans to gradually strengthen the position by adopting a policy of “accumulo strategico”.
What is Sequans and what role does it play in the IoT market?
Founded in Paris and listed in New York, Sequans is a leader in the design and production of cellular semiconductor solutions for IoT (Internet of Things). The focus is on advanced connectivity (4G/5G NR, LTE-M/NB-IoT, Cat 1bis, RedCap/eRedCap) and on the integration of artificial intelligence in connected applications.
The Sequans products power rapidly growing ecosystems such as:
- Secure payment systems
- Smart mobility and logistics management
- Smart cities and digital healthcare
- Home automation and smart home devices
The company offers integrated circuits, modules, software, and licensing services, serving global customers with cutting-edge solutions for the era of the smart economy.
What does this choice mean for the semiconductor sector?
The adoption of Bitcoin as a treasury asset by Sequans represents a unique case study for the technology industry. While it is a well-established practice in the fintech and mining sectors, Sequans’ decision introduces the topic also in the advanced electronics industry, with potential bull and bear effects of emulation among public and private companies.
Sequans aims to create long-term value both through technical innovation and the management of digital assets, combining the development of strategic hardware and software with an innovative financial vision.
What is the risk and potential of the Sequans strategy?
The choice of Sequans involves inevitable risks related to the volatility of the Bitcoin price: as of July 21, 2025, the purchase takes place at levels higher than both the ATH (all time high) of 2024 and the historical resistances. However, the management is betting on the growth of the crypto sector as the foundation of the new interconnected digital economy.
The group does not rule out future incremental purchases, planned “based on market conditions,” while the company’s liquidity remains strong thanks to the diversification of cash sources and IP monetization.
Monitoring the price of Bitcoin
The upcoming financial statements will highlight the “mark-to-market” effect of the reserves. A sudden increase would raise the company’s net value; conversely, declines could impact equity and stock market valuation.
What should we expect now and how to follow the developments?
The integration of Bitcoin into Sequans’ treasury is poised to become a benchmark for high-tech companies in Europe. The strategy provides an anti-inflation hedge and positions Sequans as an innovator even in corporate finance.
It will be crucial to follow:
- The evolution of the Bitcoin price compared to the average loading price of Sequans
- Any new acquisitions or sales communicated on the official channels and in the NYSE reports
- The reaction of institutional investors and the specialized press
The future of digital finance also involves bold choices like this one: Bitcoin becomes the heart of Sequans’ strategy. It remains to be seen if other tech companies will follow the same path and how the integration of digital assets will change the landscape of semiconductors and IoT. Everything can change in the coming weeks: follow the Sequans community and official channels to not miss any updates.
