Bitcoin treasury strategy

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Sequans Acquires 755 Additional BTC and Now Holds 3072 BTC
Newsfile· 2025-07-28 10:00
Company Overview - Sequans Communications S.A. is a fabless semiconductor company that has adopted Bitcoin as its primary treasury reserve asset, viewing it as a long-term store of value [3][5] - The company specializes in wireless 4G/5G cellular technology for the Internet of Things (IoT), offering a comprehensive portfolio of solutions including integrated circuits, modules, software, and protocol stacks [4] Bitcoin Acquisition - As of July 25, 2025, Sequans holds a total of 3,072 bitcoins, with a total net investment of approximately $358.5 million, reflecting an average acquisition price of $116,690 per bitcoin [2] - The recent acquisition of 755 bitcoins for approximately $88.5 million was made at an average price of $117,296 per bitcoin, inclusive of fees [1] Strategic Focus - The company intends to strategically accumulate Bitcoin using net proceeds from equity and debt issuances, as well as cash generated from operations and intellectual property monetization [3] - Sequans believes that the combination of a strategic Bitcoin reserve and a focus on semiconductor innovation positions it for long-term value creation [5]
X @Bitcoin Archive
Bitcoin Archive· 2025-07-24 16:52
JUST IN: Coinsilium Group launches retail raise to secure £500,000 for its Bitcoin treasury strategy 🟧 https://t.co/aLcH1Wh2Td ...
X @Bitcoin Archive
Bitcoin Archive· 2025-07-24 12:48
BREAKING: 🇬🇧 UK-based Satsuma Technology just raised $135 million for its new Bitcoin treasury strategy, setting a record for national BTC treasury raisesIf the full amount is converted to Bitcoin, it would make Satsuma the second-largest corporate Bitcoin holder in the UK https://t.co/uEbwqhz4Z1 ...
Sequans Launches Iris: Next-Gen RF Integrated Transceivers for SDR Applications
Newsfile· 2025-07-23 12:00
"With Iris, Sequans is redefining what's possible in Software Defined Radio technology - delivering unmatched performance, integration, and adaptability for the most demanding RF applications," said Georges Karam, CEO and President of Sequans. "The Iris line addresses previously unmet needs in mission-critical SDR applications. We are thrilled to integrate ACP's exceptional technology into this new product line." Sequans Launches Iris: Next-Gen RF Integrated Transceivers for SDR Applications The launch of t ...
Goodfood Reports Third Quarter of 2025 Results with Net Sales of $31 million, Gross Profit of $14 million and Adjusted EBITDA¹ of $3 million
Globenewswire· 2025-07-22 10:30
Core Insights - Goodfood Market Corp. reported financial results for the 13 weeks and 39 weeks ended June 7, 2025, highlighting solid profitability metrics despite a year-over-year decline in net sales [1][2][4] - The company achieved a gross margin of 44.3% and positive Adjusted EBITDA for the quarter, marking two and a half years of positive performance in this metric [2][5] - Goodfood's Heat & Eat meals generated $1 million in run-rate revenue without advertising, indicating strong product-market fit and growth potential [3][5] Financial Performance - For the third quarter, net sales were $30.7 million, down 20% from $38.6 million in the same quarter last year [4][5] - Gross profit decreased to $13.6 million, a 20% decline from $16.9 million, while gross margin slightly improved by 0.3 percentage points [4][5] - Net income for the quarter was $0.1 million, a significant drop of 82% compared to $0.3 million in the previous year [4][5] Year-to-Date Results - Year-to-date net sales totaled $95.8 million, down 19% from $118.8 million in the previous year [6][12] - The company reported a net loss of $4.0 million for the year-to-date period, compared to a loss of $0.3 million in the same period last year [6][12] - Adjusted EBITDA for the year-to-date period was $5.7 million, down from $8.6 million, with an adjusted EBITDA margin of 5.9% [10][12] Customer Metrics - The decrease in net sales was attributed to a decline in active customers, which was partially offset by an increase in average order value [7][8] - The average basket size and net sales per active customer reached all-time highs, indicating strong customer engagement [2][20] Strategic Initiatives - Goodfood is focused on expanding its product offerings, including the launch of the Heat & Eat meal solutions and the acquisition of Genuine Tea [3][18][22] - The company aims to enhance sustainability initiatives and has received B Corp certification, reflecting its commitment to social responsibility [21][30] Capital Structure - As of June 7, 2025, total net debt was $23.5 million, with a total net debt to adjusted EBITDA ratio of 3.82, up from 2.12 the previous year [16][17] - Cash and cash equivalents decreased to $13.7 million from $26.2 million, primarily due to lower net sales and the acquisition of Genuine Tea [16][17] Future Outlook - Goodfood plans to continue generating positive cash flows and enhancing product variety to attract a broader customer base [19][23] - The company is also exploring further acquisitions to build a portfolio of next-generation brands [22][23]
X @The Block
The Block· 2025-07-22 02:59
Funding & Strategy - Volcon, an electric car maker listed on Nasdaq, secured a $500 million raise [1] - The funding is intended for a bitcoin treasury strategy [1]
X @Wu Blockchain
Wu Blockchain· 2025-07-21 12:32
Profusa (Nasdaq:PFSA) announces $100 million equity line of credit to initiate Bitcoin treasury strategy. It signed a securities purchase agreement with Ascent Partners Fund, committing all net proceeds to buy Bitcoin, with purchases set to begin this week. https://t.co/hQTenK01Xz ...
Profusa Announces $100 Million Equity Line of Credit to Initiate Bitcoin Treasury Strategy
Globenewswire· 2025-07-21 12:00
Core Viewpoint - Profusa, Inc. is initiating a Bitcoin treasury strategy through a Securities Purchase Agreement with Ascent Partners Fund LLC, aiming to purchase up to $100,000,000 of the Company's Common Stock, with all net proceeds allocated for Bitcoin purchases [1][6]. Group 1: Treasury Strategy - The Company will execute the strategy under an Equity Line of Credit (ELOC), allowing it to sell shares to Ascent at 97% of the lowest volume-weighted average price in the preceding five trading days [2][4]. - If the cash balance is below $5,000,000 at the time of a put, proceeds will first be used to reach that cash balance before purchasing Bitcoin [3][6]. - The ELOC is subject to customary closing conditions and will initially limit share issuance to 19.9% of the outstanding shares until shareholder approval is obtained [4]. Group 2: Financial Implications - The Company plans to issue cashless warrants to Ascent for 900,000 shares at an exercise price of $0.01 per share [5]. - The first Bitcoin purchases are anticipated to occur within the week, with holdings disclosed quarterly as part of standard financial reporting [7]. Group 3: Strategic Rationale - The CEO emphasized that holding Bitcoin is a strategic move to safeguard shareholder value amid monetary debasement, aligning with a digital future and potentially enhancing shareholder returns [6].
Sequans Acquires 1,264 Additional BTC and Now Holds 2,317 BTC
Newsfile· 2025-07-21 10:00
Core Viewpoint - Sequans Communications has strategically increased its Bitcoin holdings, acquiring an additional 1,264 BTC for approximately $150 million, bringing its total to 2,317 BTC valued at around $270 million, indicating a strong commitment to Bitcoin as a treasury reserve asset [1][2]. Group 1: Company Overview - Sequans Communications S.A. is a fabless semiconductor company that focuses on wireless 4G/5G cellular technology for the Internet of Things (IoT) [3]. - The company aims to accumulate Bitcoin as a long-term store of value, utilizing net proceeds from equity and debt issuances, as well as cash generated from operations [2][4]. - Founded in 2003 and headquartered in France, Sequans operates globally with offices in multiple countries including the United States, United Kingdom, and China [4]. Group 2: Financial Strategy - The recent acquisition of Bitcoin was made at an average price of approximately $118,659 per BTC, inclusive of fees, reflecting the company's ongoing strategy to build its Bitcoin treasury [1]. - The total investment in Bitcoin amounts to around $270 million, with an average acquisition price of about $116,493 per BTC [1]. Group 3: Technological Focus - Sequans specializes in developing innovative, secure, and scalable technologies for AI-connected applications, including secured payment systems and smart cities [3]. - The company offers a comprehensive portfolio of solutions, including integrated circuits for baseband processors and RF transceivers, aimed at enhancing wireless connectivity and performance in IoT applications [3].
Planet Ventures Increases Bitcoin Treasury Holdings To 19.71 BTC and Reports Satoshis Per Share
Thenewswire· 2025-07-15 12:00
Vancouver, BC – July 15, 2025 – TheNewswire - Planet Ventures Inc. (CSE: PXI; OTC: PNXPF; Frankfurt: P6U1 ) ("Planet Ventures" or the "Company"), an investment issuer focused on technology and digital assets, is pleased to announce that it has completed an additional purchase of 3.01885741 Bitcoin for an aggregate purchase price of CAD $500,000, using a portion of its existing cash reserves. Below is a summary of Planet's Bitcoin purchases since it first announced their Bitcoin treasury strategy on June 26t ...