Sequans Acquires $1.5 Million Worth of Bitcoin

French technology company Sequans has significantly increased its Bitcoin holdings through a recent purchase. According to Foresight News, the company acquired 13 bitcoins at an average price of $117,012, resulting in an investment of approximately $1.5 million. As of August 8, 2025, Sequans’ total Bitcoin reserves stand at roughly 3,171 coins with a cumulative cost of about $370 million, averaging $116,709 per coin.