Sequans Communications listed in the US buys 13 more Bitcoin

Source
Son Min

Summary

  • Nasdaq-listed Sequans Communications reported that it has additionally purchased 13 Bitcoin.
  • With this purchase, the total Bitcoin holdings of Sequans Communications have reached 3,171 BTC, equivalent to about USD 370 million.
  • The average acquisition price was USD 117,012 per BTC, and the overall average price for all holdings is USD 116,709.

5G and 4G IoT semiconductor and module developer Sequans Communications, listed on Nasdaq, was found to have additionally purchased 13 Bitcoins (BTC).

On the 11th (local time), Sequans Communications announced on its website, "We have additionally purchased 13 BTC (USD 1.5 million)," and added, "The average acquisition price per 1 BTC was USD 117,012."

Sequans Communications currently holds a total of 3,171 BTC. This equates to about USD 370 million, with an average purchase price of USD 116,709.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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