Sequans Doubles Down on Bitcoin: Now Hoards 3,171 BTC in Bold Bet Against Fiat

Another corporate whale joins the Bitcoin feeding frenzy—and this one's got diamond hands.

The Stack Grows

Sequans just dumped another chunk of fiat into the orange coin, bringing their total stash to 3,171 BTC. That’s enough to make a central banker sweat into their bespoke suit.

Why It Matters

While Wall Street hedgies flip-flop on crypto, tech firms keep eating dips like it’s an all-you-can-buy buffet. Sequans’ move screams long-term conviction—or a brilliant tax write-off.

The Bottom Line

Another day, another balance sheet moon-shot. Meanwhile, your bank still pays 0.01% APY on savings accounts.

Sequans has bought 13 more Bitcoin for about $1.5 million, paying an average of roughly $117,012 per coin. As of August 8, 2025, the company holds approximately 3,171 bitcoin. The total cost of its holdings is around $370 million, with an average purchase price near $116,709 per bitcoin. This latest buy shows continued conviction in Bitcoin as a treasury asset, keeping the firm’s average cost close to current market levels while incrementally growing its position.