PANews reported on September 2nd that, according to Newsfile Corp, Sequans Communications announced it had purchased 34 Bitcoins for approximately $38 million, at an average price of $111,374 per Bitcoin (including fees). As of September 1, 2025, the company will hold a total of 3,205 Bitcoins, representing a total net investment of approximately $374 million, at an average purchase price of $116,653. Sequans stated it will continue to use Bitcoin as its primary reserve asset, with funding sources including equity, debt issuance, and operating cash flow.PANews reported on September 2nd that, according to Newsfile Corp, Sequans Communications announced it had purchased 34 Bitcoins for approximately $38 million, at an average price of $111,374 per Bitcoin (including fees). As of September 1, 2025, the company will hold a total of 3,205 Bitcoins, representing a total net investment of approximately $374 million, at an average purchase price of $116,653. Sequans stated it will continue to use Bitcoin as its primary reserve asset, with funding sources including equity, debt issuance, and operating cash flow.
Sequans increased his holdings by 34 bitcoins to 3,205, with a total investment of approximately $374 million.
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PANews reported on September 2nd that, according to Newsfile Corp, Sequans Communications announced it had purchased 34 Bitcoins for approximately $38 million, at an average price of $111,374 per Bitcoin (including fees). As of September 1, 2025, the company will hold a total of 3,205 Bitcoins, representing a total net investment of approximately $374 million, at an average purchase price of $116,653. Sequans stated it will continue to use Bitcoin as its primary reserve asset, with funding sources including equity, debt issuance, and operating cash flow.
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