Sequans Communications S.A., a leading global provider of cellular IoT solutions, continues to increase its Bitcoin holdings, now totaling 2317 BTC. This step underscores the growing interest of public companies in using cryptocurrency as a tool for financial asset diversification.
Acquisition Strategy
As of July 21, 2025, Sequans Communications announced the purchase of an additional 1264 bitcoins, financed through new equity, debt financing, and cash from existing operations. This acquisition is part of the company’s new strategic direction, which previously declared Bitcoin to be its main reserve asset, aiming to build significant digital assets as part of its long-term financial strategy.
Global Trends Among Companies
Based in France and active in over 10 countries, Sequans designs and manufactures wireless technologies widely used in the Internet of Things ecosystem. This move represents a departure from traditional corporate finance practices, as many tech companies are now considering cryptocurrencies for diversification and long-term value preservation amid global economic uncertainties.
Risks and Prospects
Despite the recent acquisition, the company acknowledges the risks associated with cryptocurrency market volatility and the evolving regulatory landscape. Sequans emphasizes that their financial strategy should ensure their ability to manage risks amid uncertainty. Currently, Sequans’ Bitcoin holdings are valued at approximately $120 million, making the company a significant player among public companies holding crypto assets as treasury reserves.
Sequans Communications' proactive steps toward increasing its Bitcoin reserves highlight the growing interest of companies in cryptocurrencies as a means of diversification and asset protection. At the same time, the associated risks remain relevant to their financial strategy.
