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The French company will make a new Bitcoin purchase worth 200 million dollars.
Sequans Communications, a company listed on the New York exchange, announced that it plans to sell shares worth up to $200 million as part of its long term Bitcoin strategy. The company will issue and sell certificates known as ADS targeted at U.S. investors.
Although Sequans is a French company and is listed in the USA, it makes the export of such foreign company certifications mandatory. In this way, US investors will have easier access to newly issued shares of foreign companies.
There are more than 3,000 BTC
Sequans had also generated 189 million dollars from convertible bonds and stock purchase rights in July. The company's assets, which currently hold over 3,000 Bitcoin, are valued at approximately 331 million dollars. This figure makes Sequans the 2nd largest institutional Bitcoin firm in Europe, following Germany-based Bitcoin Group SE.
Experts say, "Risk arises"
experts are approaching this type of investment strategy cautiously. It is stated that additional share issuance will devalue the assets of the company's existing shareholders. On the other hand, it is also expressed that the company will become "excessively" dependent on the bitcoin price.
In fact, all these comments are also made for all the crypto treasury firms in the US, whose numbers have been steadily increasing recently and led by the Strategy company.
Published: August 26, 2025 10:03Last Updated: August 26, 2025 10:12