Sequans Communications S.A. (NYSE: SQNS), a pioneer in adopting Bitcoin as its primary treasury reserve asset and a leading provider of cellular IoT semiconductor solutions, today announced the acquisition of an additional 13 bitcoins for approximately 117,012 per bitcoin, inclusive of fees.
As of August 8, 2025, the company holds a total of 3,171 bitcoins. The total net investment in bitcoin amounts to approximately 116,709 per bitcoin.
More reason to stack before all these companies do. Just remember every sat you buy today is a sat XXI and the other treasury companies can’t get unless they meet your price target!
The market isn't going backwards this time for only one reason that these companies are buying and only buying. There's no pressure on them, they are just like long term individual hodlers.
For me it's a good strategy towards better adoption. If business would hold it as their reserve asset, this would possibly change the deflationary scenario of Fiat for individuals as well.
I agree