In 2025, there is an increasing interest from companies in Bitcoin as a core treasury asset. Sequans Communications and Metaplanet are notable examples of this trend.
Sequans Expands Its Bitcoin Holdings
Sequans Communications, a leader in IoT semiconductor solutions and an early adopter of Bitcoin, has announced the purchase of 755 BTC worth $88.5 million. This increases the company’s total holdings to 3,072 BTC. According to the press release, all Bitcoin was purchased using the net proceeds from its public offering on July 7, 2025.
> Sequans has purchased an additional 755 bitcoin for ~$88.5 million at an average price of ~$117,296 per bitcoin. As of 07/25/2025 we hodl ~3072 bitcoin acquired for ~$358.5 million at an average price of ~$116,690 per bitcoin.
Bitcoin as a Core Treasury Asset
Sequans views Bitcoin as a long-term store of value and plans to steadily grow its holdings as its primary treasury reserve asset. The company plans to acquire and hold Bitcoin using proceeds from equity or debt offerings, depending on market conditions, as well as from business earnings and tech licensing. Currently, Sequans holds more Bitcoin than many of the biggest tech giants and even several countries.
Metaplanet Is Making Moves Too
Japan-based Metaplanet is also stepping up its game, recently announcing the acquisition of 780 BTC to its treasury, bringing its total to 17,132 BTC, worth about $2 billion at current prices. This addition moves Metaplanet to seventh place among the world's top corporate Bitcoin holders, making it the only non-U.S. company in the global top 10.
In 2025, there is a notable increase in corporate interest in Bitcoin as a treasury asset. Sequans and Metaplanet have demonstrated their intentions to expand their holdings, confirming a sustained interest in cryptocurrencies. However, the risks associated with overvalued Bitcoin treasury stocks may impact future investments.
