Sequans Announces Strategic Plan to Acquire 100,000 Bitcoin by 2030

Core Viewpoint - Sequans Communications S.A. has announced a strategic plan to acquire 100,000 Bitcoin by the end of 2030, reflecting its commitment to Bitcoin as a foundational asset for financial resilience and long-term value creation [1][3]. Company Strategy - The company launched its Bitcoin treasury strategy on July 8, 2025, with an initial investment of $384 million through a private placement of convertible debt and equity [2]. - As of August 8, 2025, Sequans holds 3,171 BTC, making it the 22nd largest publicly traded corporate Bitcoin holder globally [2]. - The first phase of the strategy has been successfully completed, with over 3,000 BTC acquired in just one month [3]. Future Plans - Sequans aims to scale its approach to maximize Bitcoin per share and deliver sustained value to shareholders through disciplined accumulation [3]. - The company plans to implement a phased treasury strategy to establish a benchmark for responsible Bitcoin treasury management and long-term value creation [3]. - Throughout 2025, Sequans will continue building its Bitcoin foundation and plans to utilize public capital-raising tools [7]. - In 2026, the company intends to accelerate treasury growth through strategic equity issuance and Bitcoin-backed credit instruments [7]. Financial Management - Sequans will acquire and hold Bitcoin using net proceeds from equity and debt issuances, as well as cash generated from operations and intellectual property monetization [5]. - The company targets to optimize its treasury strategy and capital structure by integrating a diversified mix of Bitcoin-backed financial products by 2030 [7].