Parisian Tech Company Gambles on Bitcoin Fortune—But Shares Take a Nosedive 🪂

Sequans, a semiconductor firm nestled along the Seine, confessed to yet another purchase, acquiring the world’s favorite digital hobbyhorse at an average of $117,296 per bitcoin. Fees, expenses, existential dread—all included. With this, Sequans’ bitcoin trove now numbers 3,072 coins, as of July 25, 2025; a stash Tolstoy himself might have called “slightly immoderate.”



