Latest news with #Sequans
Associated Press
a day ago
- Business
- Associated Press
Sequans Acquires 1,264 Additional BTC and Now Holds 2,317 BTC
Paris, France--(Newsfile Corp. - July 21, 2025) - 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 1,264 bitcoin for ~$150 million at an average price inclusive of fees of ~$118,659 per bitcoin. As of July 18, 2025 we hold 2,317 bitcoins acquired for ~$270 million at an average price inclusive of fees of ~$116,493 per bitcoin. About Sequans Sequans Communications S.A. (NYSE: SQNS) is a fabless semiconductor company with a Bitcoin treasury. We view Bitcoin as a long-term store of value and intend to strategically accumulate it as our primary treasury reserve asset. Our approach involves acquiring and holding Bitcoin using net proceeds from equity and debt issuances - executed from time to time based on market conditions — as well as cash generated from operations and intellectual property monetization. Sequans is a leading semiconductor company specializing in wireless 4G/5G cellular technology for the Internet of Things (IoT). Our engineers design and develop innovative, secure, and scalable technologies that power the next generation of AI-connected applications - including secured payment, smart mobility and logistics, smart cities, industrial, e-health, and smart homes. We offer a comprehensive portfolio of solutions, including integrated circuits (IC) of baseband processors and radio frequency (RF) transceivers, modules, software, and protocol stacks. Our LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap/eRedCap platforms are purpose-built for IoT, delivering breakthroughs in wireless connectivity, power efficiency, security, and performance. We also provide advanced design services and technology licensing. We believe our combination of a strategic Bitcoin reserve and deep focus on semiconductor innovation positions Sequans for long-term value creation. Founded in 2003, Sequans is headquartered in France and operates globally, with offices in the United States, United Kingdom, Switzerland, Israel, Singapore, Finland, Taiwan, and China. Visit Sequans at and follow us on LinkedIn and X. Forward-Looking Statements This press release contains certain statements that are, or may be deemed to be, forward-looking statements with respect to the financial condition, results of operations and business of Sequans, including, but not limited to, with respect to the use of proceeds from the Offering and the Company's bitcoin treasury strategy and the exercise of the common warrants for cash prior to their expiration. These forward-looking statements include, but are not limited to, statements that are not historical fact. These forward-looking statements can be identified by the fact that they do not relate to historical or current facts. Forward-looking statements also often use words such as 'anticipate,' 'committed to', 'target,' 'continue,' 'estimate,' 'expect,' 'forecast,' 'intend,' 'may,' 'plan,' 'goal,' 'believe,' 'hope,' 'aims,' 'continue,' 'could,' 'project,' 'should,' 'will' or other words of similar meaning. These statements are based on assumptions and assessments made by Sequans in light of its experience and perception of historical trends, current conditions, future developments and other factors it believes appropriate. By their nature, forward-looking statements involve risk and uncertainty, because they relate to events and depend on circumstances that will occur in the future and the factors described in the context of such forward-looking statements in this announcement could cause actual results and developments to differ materially from those expressed in or implied by such forward-looking statements. Although it is believed that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct, and you are therefore cautioned not to place undue reliance on these forward-looking statements which speak only as at the date of this announcement. Forward-looking statements are not guarantees of future performance. Such forward-looking statements involve known and unknown risks and uncertainties that could significantly affect expected results and are based on certain key assumptions. Such risks and uncertainties include, but are not limited to, potential adverse reactions or changes to business relationships resulting from the completion of the Qualcomm transaction or the Offering. Many factors could cause actual results to differ materially from those projected or implied in any forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are changes in the global, political, economic, business and competitive environments, market and regulatory forces, including tariffs and trade wars. If any one or more of these risks or uncertainties materialize or if any one or more of the assumptions prove incorrect, actual results may differ materially from those expected, estimated or projected. Such forward-looking statements should therefore be construed in the light of such factors. A more complete description of these and other material risks can be found in Sequans' filings with the SEC, including its annual report on Form 20-F for the year ended December 31, 2024, subsequent filings on Form 6-K and other documents that may be filed from time to time with the SEC. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this announcement. Sequans undertakes no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by applicable law. Contacts Sequans investor relations: David Hanover/Gerrick Johnson, KCSA Strategic Communications (USA), +1 212.682.6300, [email protected] Sequans media relations: Linda Bouvet (France), +33 170721600 [email protected] To view the source version of this press release, please visit
Yahoo
7 days ago
- Business
- Yahoo
Michael Saylor's Strategy Adds 4,225 Bitcoin, Bringing BTC Stack to 601,550
Strategy (MSTR), the largest publicly traded company holding bitcoin (BTC), increased its BTC reserves by acquiring 4,225 BTC for a total of $472.5 million last week. This latest addition brings Strategy's total bitcoin holdings to 601,550 BTC purchased for $42.87 billion, representing an average acquisition price of $71,268 per coin. At bitcoin's current market price of around $121,500, the company's BTC stack is valued at approximately $73 billion. Strategy financed the purchase through $330.9 million of net proceeds from common share sales under its at-the-market program, along with $71.1 million from STRK preferred shares, $55.3 million from STRF preferred shares, and $15.0 million from STRD preferred shares. Altogether, these transactions generated $472.3 million in net proceeds to fund the latest bitcoin acquisition. MSTR shares rose 2.50% percent to $445. Several other companies have also disclosed new bitcoin acquisitions on Monday. Sequans (SQNS) purchased 683 BTC, bringing its total holdings to 1,053 BTC. K33 (K33 AB) acquired 36 BTC and now holds 121 BTC, crossing the threshold of more than 100 bitcoin. Tao Alpha (SATS) bought its first 28.56 BTC. The Blockchain Group acquired 29 BTC, lifting its total reserves to 1,933 BTC. In addition, to Metaplanet's (3350) 797 BTC purchase. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-07-2025
- Business
- Yahoo
Michael Saylor's Strategy Adds 4,225 Bitcoin, Bringing BTC Stack to 601,550
Strategy (MSTR), the largest publicly traded company holding bitcoin (BTC), increased its BTC reserves by acquiring 4,225 BTC for a total of $472.5 million last week. This latest addition brings Strategy's total bitcoin holdings to 601,550 BTC purchased for $42.87 billion, representing an average acquisition price of $71,268 per coin. At bitcoin's current market price of around $121,500, the company's BTC stack is valued at approximately $73 billion. Strategy financed the purchase through $330.9 million of net proceeds from common share sales under its at-the-market program, along with $71.1 million from STRK preferred shares, $55.3 million from STRF preferred shares, and $15.0 million from STRD preferred shares. Altogether, these transactions generated $472.3 million in net proceeds to fund the latest bitcoin acquisition. MSTR shares rose 2.50% percent to $445. Several other companies have also disclosed new bitcoin acquisitions on Monday. Sequans (SQNS) purchased 683 BTC, bringing its total holdings to 1,053 BTC. K33 (K33 AB) acquired 36 BTC and now holds 121 BTC, crossing the threshold of more than 100 bitcoin. Tao Alpha (SATS) bought its first 28.56 BTC. The Blockchain Group acquired 29 BTC, lifting its total reserves to 1,933 BTC. In addition, to Metaplanet's (3350) 797 BTC purchase. Sign in to access your portfolio
Time of India
09-07-2025
- Business
- Time of India
Sequans stock skyrockets 43% after bold Bitcoin bet backed by Wall Street heavyweights
Sequans Communications stock jumps 43% following major Bitcoin treasury strategy- Chip company Sequans Communications saw its stock price skyrocket by 43%, hitting a pre-market high of $1.81, after it announced a bold new shift in its financial strategy—moving into Bitcoin as a treasury reserve asset. The move, part of a broader effort to improve financial stability and long-term value, has caught the attention of both investors and the broader tech and crypto communities. The chipmaker, known for its work in 5G and 4G IoT connectivity, revealed it had raised $384 million through a mix of equity and debt offerings, signaling strong backing from over 40 institutional investors. These funds are being directed toward Bitcoin purchases and other governance-related requirements tied to the offering. This aggressive pivot positions Sequans as one of the latest tech companies embracing Bitcoin as a strategic hedge, similar to the strategies previously adopted by MicroStrategy and Japan's Metaplanet. Why did Sequans stock skyrocket 43%? Sequans Communications (SQNS) surged over 40% after announcing a bold move: allocating a massive $384 million to build a Bitcoin treasury. This included $195 million in equity and $189 million in convertible debt. The move mimics crypto-forward strategies like those of MicroStrategy, but it's rare for a small-cap semiconductor company. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Why is Sequans Communications betting big on Bitcoin? According to CEO Georges Karam, the company sees Bitcoin's scarcity and decentralized nature as valuable traits for protecting shareholder value in uncertain macroeconomic conditions. 'We plan to start acquiring Bitcoin immediately,' Karam stated, highlighting a long-term strategy to use both free cash flow and future capital raises to expand the company's crypto holdings. The shift is not merely symbolic. Sequans has already structured the capital raise to support it. The company sold over 139 million American Depository Shares (ADSs), along with secured convertible debentures maturing in 2028. Additional common stock warrants were offered at $1.40 per ADS, which, if fully exercised, could bring in another $57.6 million. Live Events Also Read: US stock futures rise as Dow jumps 100 points, S&P 500 and Nasdaq gain; AES up 15%, Verona Pharma soars 20% ahead of Fed minutes, Trump tariffs How has Sequans stock performed recently? Stock surge : SQNS jumped over 43% intraday on July 8, 2025. Year-to-date : Despite the recent jump, the stock is still down 50–56% YTD , reflecting deep losses from earlier in the year. Pre-market boost : The news triggered early trading spikes, making it one of the day's top NYSE performers. What's driving investor interest? Bitcoin hedge : CEO Georges Karam called Bitcoin a hedge against inflation and a long-term store of value. Institutional backing : Over 40 institutional investors supported the funding round. Custody strategy : Swan Bitcoin will handle treasury custody and execution. Trend following : Sequans joins companies like MicroStrategy and Marathon in adding Bitcoin to their balance sheets. What role will Swan Bitcoin play in Sequans' crypto transition? To ensure security and efficient execution, Sequans has partnered with Swan Bitcoin, a well-known platform offering institutional Bitcoin custody and execution services. This partnership brings institutional-grade handling of assets and ensures regulatory compliance during the transition. This model closely follows how MicroStrategy has managed its Bitcoin holdings—executing large-scale buys with the help of established custody services to ensure protection against potential risks like fraud, cyberattacks, or market slippage. How are Sequans' financials looking? Q4 2024 : Revenue: $11 million Gross margin: ~68% Net loss: $2.7 million (–$0.11/ADS) Q1 2025 : Revenue: $8.1 million , up 34% YoY Sequential decline: –27% vs Q4 Net loss: $7.3 million (–$0.29/ADS) Full-year 2024 : Revenue: $36.8 million Gross margin: ~75% Non-GAAP net profit: $57 million How are investors reacting to this aggressive new direction? Investor sentiment turned sharply positive, with SQNS stock jumping 43% in just one day. Despite this massive surge, it's worth noting that the stock had been down 43.75% year-to-date before this announcement. The sudden rebound suggests that the market sees the Bitcoin strategy as a potential game-changer, possibly attracting new shareholders interested in the digital asset play. At the same time, Bitcoin itself was trading at around $109,100.95, showing a 1.13% uptick—though its movement wasn't directly correlated to Sequans' jump. Still, investor enthusiasm clearly leaned in favor of the company's bold step. Is Sequans trying to follow MicroStrategy's Bitcoin playbook? While not identical, Sequans' new strategy does closely resemble what MicroStrategy's Michael Saylor did—transforming a tech company into a Bitcoin-heavy treasury vehicle. With rising concerns over global debt, currency debasement, and inflation, companies are increasingly looking to Bitcoin as a hedge. However, Sequans is also continuing to operate in its core business—semiconductors for 5G and IoT devices—and will use revenue from that segment to continue purchasing more Bitcoin over time. That dual approach may help balance risk between its hardware business and digital asset exposure. What are the risks and rewards of holding Bitcoin on a corporate balance sheet? Bitcoin remains a volatile and unpredictable asset, and holding it on a company's balance sheet isn't without risk. Regulatory scrutiny, sudden price swings, and governance complexity are all concerns. Still, companies like Sequans argue that the upside in long-term value outweighs the short-term noise. With this move, Sequans has now entered a small but growing group of tech companies using Bitcoin as a financial anchor, betting that it will outperform fiat-based reserves over time. The next few quarters will reveal whether this strategy helps stabilize its operations—or adds a layer of risk investors aren't prepared for. What's in the pipeline? Design wins : Over $250–400 million in potential revenue from new product deals expected to mature in 2025–2026. Core focus areas : Smart metering, e-health, industrial IoT, and telematics. Product roadmap : Sequans is progressing in 5G NR RedCap and eRedCap technologies. Long-term bet : The company is also exploring early 6G and AI-driven communications solutions. How big is the market opportunity? IoT market : Projected to reach $1.1 trillion by 2026 , growing at 25% CAGR. Government funding : Potential upside from subsidies and contracts in the US and Asia-Pacific regions. What are the risks? Risk Area Description Bitcoin volatility Rapid price changes could inflate or slash treasury value. Regulatory exposure Crypto-related regulations may affect treasury strategy. NYSE compliance Sequans is still under pressure due to low market cap and share price. Dilution risk Warrants and convertible notes could dilute existing shareholders. What do analysts expect next? Buy ratings : 85% of analysts have a "Buy" rating on SQNS. Price target : Average 12-month forecast is $7.50 , implying over 220% upside . Optimistic outlook : One analyst sees potential gains of +424% . Revenue forecast : 2025 revenue projected to flatten (~$36M), but expected to double in 2026 . EPS outlook : Still negative in 2025 (–$0.19), with improvement likely in 2026. Is Sequans setting a new trend in the chip sector? The chipmaker's bold leap into Bitcoin has certainly made waves. It reflects a broader trend of corporate adoption of cryptocurrency as a strategic reserve. While other chip companies remain focused on AI and infrastructure, Sequans is choosing to align with digital assets—potentially signaling a new direction for financial innovation in the semiconductor industry. For now, the 43% surge in SQNS stock speaks volumes. Investors appear willing to give the company's Bitcoin gamble a shot. Whether that confidence will hold depends on both the crypto market's performance and Sequans' ability to balance its tech operations with this new financial strategy. Is Sequans a smart bet? Sequans is pivoting into a high-risk, high-reward strategy by combining its core semiconductor business with Bitcoin investments. It's a unique hybrid play—part IoT tech stock, part crypto treasury. For risk-tolerant investors, the combination of undervaluation, strategic design wins, and crypto upside could unlock significant value over the next 12–18 months. FAQs: Q1: Why did Sequans Communications stock jump 43%? Sequans stock jumped after it announced a Bitcoin-focused treasury strategy and raised $384 million. Q2: Is Sequans Communications now investing in Bitcoin? Yes, Sequans is using new capital to buy Bitcoin as part of its treasury reserve plan.
Yahoo
09-07-2025
- Business
- Yahoo
Chip company's stock jumps 43% after aggressive new strategy
Chip company's stock jumps 43% after aggressive new strategy originally appeared on TheStreet. Sequans Communications, a global leader in 5G and 4G internet-of-things (IOT), has successfully implemented a Bitcoin-focused treasury strategy, attracting $384 million through a combination of equity and debt offerings. Backing the move are more than 40 institutional investors, representing a significant turning point for the company in becoming another corporate name to join the list of companies and corporations embracing Bitcoin as a reserve asset. CEO Georges Karam confirmed the company plans to start purchasing Bitcoin right away, noting that Bitcoin's scarcity and lack of a centralized authority could help Sequans's financial resiliency and long-term value to its shareholders. He also stated that the company will continue to buy more Bitcoin, utilizing cash flows from its core business as well as new capital were over 139 million American Depository Shares (ADSs) and secured convertible debentures maturing in 2028 sold in this fundraising, plus common warrants at $1.40 per ADS, which could yield an additional $57.6 million if exercised in full. The proceeds will be used to purchase Bitcoin and meet governance requirements as specified in the offering. Sequans is partnering with Swan Bitcoin, a prominent institutional Bitcoin service, to provide execution and custody security. This is similar to MicroStrategy and Japan's Metaplanet using Bitcoin as a hedge against increasing sovereign debt and inflation. After the announcement, Sequans' stock (SQNS) climbed over 43% in 24 hours, peaking at $1.81 pre-market. By contrast, Bitcoin traded around $109,100.95, up 1.13% according to Kraken's price feeds. However, SQNS has seen a 43.75% decline in the year-to-date period. Chip company's stock jumps 43% after aggressive new strategy first appeared on TheStreet on Jul 8, 2025 This story was originally reported by TheStreet on Jul 8, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
