The post Sequans Buys 755 More Bitcoin, Expands Total Holdings to 3,072 BTC appeared first on Coinpedia Fintech News
Sequans Communications has expanded its Bitcoin holdings by acquiring 755 BTC for about $88.5 million, at an average price of $117,296 per coin. This purchase raises the company’s total Bitcoin reserves to 3,072 BTC, now valued at over $358 million. The Paris-based semiconductor company continues to strengthen its position as a leading European corporate Bitcoin holder, using recent equity proceeds to fund its growing treasury strategy.
