On July 14, Sequans Communications (SQNS), a US-listed entity, significantly expanded its cryptocurrency portfolio by acquiring an additional 683 BTC. The purchase was executed at an average price of approximately $113,893 per Bitcoin, elevating the company’s total Bitcoin holdings to 1,053 BTC. This strategic accumulation highlights Sequans’ growing commitment to integrating digital assets within its corporate treasury management. Market analysts note that such institutional-level investments can influence broader market dynamics, reflecting increased confidence in Bitcoin as a store of value amid evolving macroeconomic conditions.
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