Bitcoin News
By Maheen Hernandez
1 / 11
Sequans Communications, a semiconductor company headquartered in France and listed on the New York Stock Exchange (NYSE), has made a significant move into the cryptocurrency…
2 / 11
The investment was funded through a recently concluded $384 million private placement, which the company has earmarked to support its strategic Bitcoin treasury approach.
3 / 11
Breaking down the structure of the private placement, Sequans raised $195 million through the sale of American Depository Shares (ADS).
4 / 11
Following the news, Sequans’ stock surged 8.2%, trading at $2.89 per share at the time of writing. Despite this rally, the company’s share price is still down 12.
5 / 11
Data from CoinGecko reveals that only 17 publicly listed companies globally now hold more than 2,000 BTC, placing Sequans in an elite group.
6 / 11
Other notable Bitcoin-holding corporations include MARA Holdings, Riot Platforms, XXI, Metaplanet, Galaxy Digital Holdings, Tesla, and Coinbase.
7 / 11
The past week has been particularly noteworthy for Bitcoin-related corporate activity. Between July 14 and July 19 alone, at least 58 public statements were made regarding…
8 / 11
Japanese investment firm Metaplanet recently made headlines by purchasing 797 BTC, bringing its total holdings to 16,352 BTC.
9 / 11
In Canada, companies are increasingly exploring Bitcoin as a viable component of their treasury management strategies.
10 / 11
At the time of writing, Bitcoin is trading at $118,933, up 0.5% over the past 24 hours. This upward trend may be contributing to the surge in corporate purchases, as firms look…
11 / 11
Sequans’ bold move reflects a broader shift in corporate thinking. By integrating Bitcoin into their balance sheet, these companies are not just chasing returns—they’re signaling…
The Currency Analytics
Want the full story?