Sequans munications S.A.(US:SQNS) Newsfileยท2025-08-04 10:00Company Overview - Sequans Communications S.A. is a leading fabless semiconductor company specializing in wireless 4G/5G cellular technology for the Internet of Things (IoT) and is a pioneer in Bitcoin Treasury [3] - The company was founded in 2003 and is headquartered in France, with global operations including offices in the United States, United Kingdom, Switzerland, Israel, Singapore, Finland, Taiwan, and China [5] Bitcoin Acquisition - As of August 1, 2025, Sequans holds a total of 3,157 bitcoins, with a total net investment amounting to approximately $368.5 million, reflecting an average acquisition price of $116,708 per bitcoin [2] - Recently, the company acquired an additional 85 bitcoins for approximately $10.0 million, at an average purchase price of $117,360 per bitcoin [1] Strategic Focus - Sequans views Bitcoin as a long-term investment and intends to strategically accumulate it as its primary treasury reserve asset [3] - The company's approach to acquiring Bitcoin involves using net proceeds from equity and debt issuances, as well as cash generated from operations and intellectual property monetization [3] - The combination of a strategic Bitcoin reserve and a focus on semiconductor innovation is believed to position the company for long-term value creation [4]