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Sequans Communications increased its holdings by 755 Bitcoins, bringing the total holdings to 3072 Bitcoins.
PANews July 28th news, according to an official announcement, the French internet of things semiconductor company Sequans Communications (NYSE: SQNS) announced that it has purchased an additional 755 Bitcoins for approximately $88.5 million, with an average purchase price (including fees) of $117,296 per Bitcoin. As of July 25, 2025, the company holds a total of 3,072 Bitcoins, all of which were purchased using the total net proceeds obtained from the successful issuance completed on July 7, 2025. The company's total net investment in Bitcoin is approximately $358.5 million, with an average purchase price per Bitcoin (including fees) of $116,690.