Sequans Goes Full Crypto-Cowboy with $150M Bitcoin Binge 🚀

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Darling, Sequans Communications has done it again—splashing a cool $150 million on 1,264 shiny new BTC like a tipsy socialite at a Cartier sale. Their total? A positively vulgar 2,317 BTC. Mon dieu! 😏

Sequans Plays Bitcoin Roulette—And Wins (For Now) 🎰

Sequans Communications S.A. (NYSE: SQNS), those plucky Parisian chipmakers with more audacity than sense, have snapped up another 1,264 BTC for the bargain price of $118,659 per coin (plus fees, darling—never forget the fees). Their total haul? 2,317 BTC worth approximately $270 million, or as I like to call it, “one yacht and a lifetime supply of regret.” 🍾

This bold maneuver places Sequans firmly in the “hold my champagne” category of corporate bitcoin enthusiasts, rubbing elbows with the likes of Strategy and Metaplanet. Their average buy-in? A mere $116,493 per coin—chump change, really, if one ignores the occasional market tantrum. 😬

Unlike your average, boring treasury department, Sequans funds these little shopping sprees with a delightful cocktail of equity, debt, and whatever loose change they find in the corporate sofa. They’re not just hoarding bitcoin—they’re making a statement, darling. And that statement is: “To hell with bonds, we’re going digital!” 💃

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2025-07-21 19:28