Sequans Snags 85 More Bitcoins—Now They Own Over 3,000! 🚀

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In the cold, relentless machinery of the modern age, Sequans Communications S.A., a company lodged somewhere between the digital frontier and the realm of telecommunications, announced their latest conquest. On August 4, 2025, they added another 85 bitcoins to their trove—because why not throw more into the digital abyss? All this for roughly $10 million, at an average of $117,360 each—imagine trying to buy a coffee that costs that much. ☕💸

As of August 1, 2025, what was once a modest collection has transformed into a veritable mountain—3,157 bitcoins, piled high with the gross total of approximately $368.5 million. The average purchase cost? A humble $116,708—so much for bargain hunting in the elite crypto bazaar. Sequans, with the unwavering faith of a gambler at the roulette wheel, sees bitcoin as their long game—treasury, reserve, the digital insurance policy against whatever chaos lurks ahead. Their strategy involves dripping cash from various bloodlines: issuing equity, taking on debt, and harvesting the fruits of operational toil—because who needs tangible assets when you can own bits of digital magic? 🌍🇫🇷

Headquartered somewhere between France’s artful elegance and the chaos of global finance, their offices sprawl across the U.S., U.K., Switzerland, Israel, Singapore, Finland, Taiwan, and China—proof that even in the vast void of the internet, a company can pretend to be everywhere all at once.

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2025-08-04 22:27