BREAKING
210d 16h ago
Sequans Boosts Bitcoin Holdings by 683 BTC, Totaling 1,053 BTC at $113,893 Average Price
BTC
BTC/USDT
$71,354.77
+3.55%
$71,354.77
+3.55%
(24s)24h Volume
$17,366,629,629.18
24h H/L
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate
-0.0023%
Shorts pay
Data provided by COINOTAG DATALive data
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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