Summary
- Nasdaq-listed Sequans Communications said it purchased an additional Bitcoin holding of 34 coins.
- This additional purchase amounted to $3.8 million, and the average purchase price was $111,374.
- Sequans' total Bitcoin holdings are 3205 coins, valued at about $374 million.
Sequans Communications, a Nasdaq-listed developer of 5G and 4G IoT semiconductors and modules, has reportedly purchased an additional 34 Bitcoins (BTC).
On the 2nd (local time), Sequans said on its website, "Purchased an additional 34 BTC ($3.8 million)," and "The average purchase price per BTC was $111,374."
Sequans currently holds a total of 3205 BTC. This amounts to about $374 million, with an average purchase price of $116,653.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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