5G Titan Sequans Dives Headfirst into Bitcoin Treasury Strategy—Joining the Corporate Gold Rush
Another tech giant bets the house on digital gold. Sequans—the French 5G chipmaker powering IoT devices—just allocated part of its cash reserves to Bitcoin, following MicroStrategy’s playbook. No half-measures here.
Why now? With fiat currencies melting faster than ice cream in a heatwave, corporations are scrambling for inflation hedges. Bitcoin’s limited supply and decentralized nature make it the ultimate corporate treasury asset—at least until the next crypto winter hits.
The move signals growing institutional confidence in crypto, despite regulators still playing catch-up. Sequans isn’t just dipping a toe; it’s cannonballing into the deep end. Will others follow, or is this another case of FOMO-driven financial theater? Only time—and the next quarterly earnings report—will tell.