Sequans Makes $200 Million Bitcoin Bet: Bold Corporate Treasury Move Shakes Markets
Another tech giant joins the Bitcoin bandwagon—proving once again that corporate FOMO moves faster than earnings reports.
THE STRATEGIC SHIFT
Sequans just launched a massive $200 million equity program with one clear mission: acquire Bitcoin. No hedging, no half-measures—just straight exposure to digital gold.
WHY BITCOIN, WHY NOW?
Companies keep chasing returns in volatile crypto markets instead of, you know, improving their actual products—but who’s counting? With traditional investments yielding peanuts, everyone’s suddenly a Bitcoin maximalist.
MARKET IMPACT
This isn’t pocket change. A $200 million buy-in signals serious conviction. Expect volatility, attention, and copycats. When corporations act like degenerate traders, you know we’ve entered a new era.
Love it or hate it—the institutional floodgates are open. And Sequans just kicked them wider.
Sequans’ Current Bitcoin Holdings
According to BitBo data, Sequans currently holds 3,171 BTC worth $349 million, making it Europe’s second-largest corporate Bitcoin holder, behind Germany’s Bitcoin Group SE, which owns 12,387 BTC. With proceeds from the new equity program, Sequans could buy another 1,814 BTC, bringing its total stash close to 5,000 BTC, on par with Semler Scientific.
The equity plan comes during a market dip, with Bitcoin trading at $109,862, down 13.3% from its $124,517 all-time high earlier this month. Other treasury giants are also buying the dip. Strategy added 3,081 BTC on Monday, while Japan’s Metaplanet picked up 103 BTC.
Meanwhile, ethereum treasury companies are gaining attention. BitMine Immersion Technologies now holds $7.5 billion in ETH, while SharpLink and The Ether Machine round out the top three. ETH adoption has fueled a 198% rally since April 9, narrowing the gap with Bitcoin this cycle.
Sequans closed Monday at $0.96, down 6.8% but slightly recovering in after-hours trading.
Also Read: Philippines Proposes 10,000 Bitcoin Strategic Reserve
