Sequans Doubles Down: Scoops Up 85 Additional Bitcoin, Now Holds 3,157 BTC in Bold Crypto Bet
Another corporate whale takes a bite out of Bitcoin's finite supply.
Why it matters: Sequans isn't just dabbling—it's stacking sats like a Wall Street trader hoarding caffeine pills during earnings season. With 3,157 BTC now on its balance sheet, the message is clear: institutional FOMO is alive and kicking.
The cynical take: Nothing says 'hedge against inflation' like parking funds in an asset that swings 10% before lunch. At least they didn't buy an NFT of a monkey.
What's next: Watch for more firms to follow suit—until the next crash, when they'll all suddenly 'discover' risk management.

Sequans has expanded its Bitcoin portfolio by acquiring an additional 85 BTC for roughly $10 million, bringing its total holdings to 3,157 BTC. This move highlights Sequans’ ongoing confidence in Bitcoin’s future and its strategy to increase digital asset reserves. As more companies invest in cryptocurrency, Sequans strengthens its position in the growing digital finance market, aiming to capitalize on the rising impact of Bitcoin in the financial sector.