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The US stock SQNS experienced a big dump of about 25%, and today announced the acquisition of 755 Bitcoins.
On July 28, according to rockflow data, US stock Sequans Communications S.A. (SQNS) fell 24.49% during the trading day, currently quoted at 1.495 USD, with a market capitalization reported at 213 million dollars. BlockBeats previously reported that SQNS announced earlier today that it had increased its holdings by acquiring 755 Bitcoins at an average price of 117,296 USD per coin (including fees). As of July 25, 2025, the company's total Bitcoin holdings have reached 3,072 coins.