Sequans munications S.A.(US:SQNS) Newsfileยท2025-09-02 10:00Core Viewpoint - Sequans Communications has strategically increased its Bitcoin holdings, acquiring an additional 34 bitcoins for approximately $3.8 million, bringing its total to 3,205 bitcoins valued at around $374 million, reflecting a long-term investment strategy in Bitcoin as a primary treasury reserve asset [1][2][3]. Group 1: Company 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 recognized as a pioneer in Bitcoin treasury management [3][5]. - The company intends to accumulate Bitcoin using net proceeds from equity and debt issuances, as well as cash generated from operations and intellectual property monetization [3]. Group 2: Financial Details - The recent acquisition of 34 bitcoins was made at an average price of $111,374 per bitcoin, inclusive of fees [1]. - The total net investment in Bitcoin amounts to approximately $374 million, with an average acquisition price of $116,653 per bitcoin [2]. Group 3: Strategic Positioning - Sequans aims to combine its strategic Bitcoin reserve with a strong focus on semiconductor innovation to create long-term value [4]. - The company develops technologies for AI-connected applications, including secured payment systems, smart mobility, and smart cities, which are supported by its comprehensive portfolio of 4G/5G solutions [4].