Sequans Plans $200M NYSE Share Sale for Bitcoin Reserves

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Sequans to Raise $200 Million for Bitcoin Treasury via NYSE Share Sale

Written by Aaron S.,

Editor-In-Chief

Last Updated: August 26, 2025

Key Takeaways

Sequans Communications filed for a $200 million share offering to fund its long-term plan of holding Bitcoin as part of its treasury;
The company already owns over 3,000 BTC, valued at nearly $331 million, and aims to reach 100,000 BTC by 2030;
Including a $189 million raise in July, Sequans has secured about $376 million to support its Bitcoin-focused reserve strategy.

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Sequans to Raise $200 Million for Bitcoin Treasury via NYSE Share Sale

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Sequans Communications, a semiconductor company based in Paris and listed on the New York Stock Exchange (NYSE), has launched a new plan to grow its Bitcoin BTC $73,659.25 reserves.

The firm has filed for an at-the-market (ATM) share offering that could bring in as much as $200 million. Most of this funding is set to support its long-term strategy of holding Bitcoin as part of its company reserves.

The company’s CEO, Dr. Georges Karam, described the plan as a cautious and structured approach to strengthening the company’s financial base. Instead of making large, one-time purchases, the ATM setup allows Sequans to gradually issue shares and raise funds based on market conditions.

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This latest effort adds to the company’s previous fundraising in July, when it brought in $189 million through a mix of convertible bonds and warrants. Together, Sequans has raised around $376 million in recent months to support its Bitcoin strategy and financial goals.

Under the newly filed program, Sequans will sell American Depositary Shares (ADSs), which are used by non-US companies to let American investors buy their stock more easily.

As of now, Sequans already owns over 3,000 BTC, a total valued at nearly $331 million. That makes it one of the top Bitcoin-holding companies in Europe, second only to Germany’s Bitcoin Group SE. The company’s longer-term goal is to hold 100,000 Bitcoin by the year 2030.

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