Sequans Communications Bets Big on Bitcoin: 370 BTC Treasury Move Signals Corporate Crypto Confidence

Another corporate whale dives into Bitcoin—Sequans Communications just allocated a cool 370 BTC to its balance sheet. Who needs cash reserves when you've got digital gold, right?

The playbook: HODL like a Fortune 500

Forget dipping toes—this IoT chipmaker cannonballed into crypto waters. That 370 BTC stash? Worth about $22M at today's prices. Not quite MicroStrategy territory, but enough to make Wall Street bankers clutch their spreadsheets.

Why this matters beyond the hype

Public companies loading up on BTC isn't new—but each new adopter chips away at the 'too risky' narrative. Sequans joins the growing list of firms treating Bitcoin like a strategic asset rather than a speculative punt.

Funny how these 'volatile' crypto investments keep outperforming those 'stable' treasury bonds—must be why CFOs are quietly converting their MBA playbooks into .pdfs of the Bitcoin whitepaper.