The list of large companies adopting Bitcoin (BTC) as a central element of their cash strategy continues to lie down, with the Séquans Communications technological company, whose headquarters are in France, which adds a large sum to its reserve of digital assets.
In short
- Sequans buys 755 BTC, bringing its assets to 3,072 and ranking 22ᵉ among public holders.
- Purchase funded with $ 88.5 million from the July public offer; Total BTC expenses are now $ 358.58.
- The number of companies holding BTC increased from 207 to 281 between May 24 and July 29.
Sequans strengthens its exposure to Bitcoin with a new purchase of $ 88.5 million
On July 28, Sequans unveiled its latest purchase of 755 bitcoins. The total investment for this acquisition was around $ 88.5 million, which places the average cost per room at around $ 117,296, transaction costs included. The company now holds a total of 3,072 BTC.
Sequans financed the transaction thanks to a recent public offer made on July 7, 2025. All of the high net funds were devoted to the purchase of Bitcoin. After that, the overall investment of the company in Bitcoin reached around 358.5 million dollars. The average purchase cost of all assets is today about $ 116,690 per BTC.
With this operation, Sequans joins the biggest BTC holders in the world, occupying the 22nd position according to Bitcointreasuries.net.
Bitcoin as a strategic cash active ingredient
Sequans, a company specializing in the manufacture of cellular chips for internet objects (IoT), expressed its intention to make bitcoin a key element of its assessment. The company said it considers this asset as a long -term financial reserve.
The company plans to continue to strengthen its Bitcoin cash using several sources of funding. Sequans said:
Our strategy consists in acquiring and maintaining bitcoin thanks to net products from programs of actions or occasional debts, as well as liquidity from our activity and the valuation of our intellectual property.
Sequans is not the only company to increase its exhibition. Volcon Inc. has also increased its position, adding 317 bitcoins and bringing its total assets to 3,500. These continuous flows reflect an increasing institutional demand for Bitcoin, which persists despite the recent volatility of the market.
The market notes a sharp increase in Bitcoin companies holders
Recent data from Bitcointreasuries.net show that the number of organizations today holding Bitcoin has increased sharply in recent weeks. As of May 24, the total volume of Bitcoin held by the entities followed was around 3.35 million. As of July 29, this figure rose to 3.61 million, an increase of 260,000 bitcoins.
During the same period, the number of entities with Bitcoin went from 207 to 281. 74 new organizations that integrated bitcoin into their cash.
Jan Wüstenfeld, principal researcher at Melanion Greentech, observed a constant increase in business involvement in the accumulation of bitcoin. According to his observations, new entries are more frequent as more companies announce new BTC acquisitions.
He explained that if some purchases attract a lot of attention, many are still of moderate size. Nevertheless, the global effect of this trend is starting to be more visible as the total assets continues to increase.
In addition to new acquisitions, some older bitcoins have also started to circulate again. A total of 80,000 previously inactive pieces have been recently transferred. These bitcoins have since been transferred to new holders.
Glassnode highlights the accumulation patterns in a narrow price range
Despite the intensification of purchase activities, the price of bitcoin has remained relatively stable in recent days. The digital asset is currently negotiated around $ 118,000 after a slight decrease of 2 % in the last 24 hours. Its price has generally remained between $ 115,000 and $ 120,000 in the short term.
The slow price movement is widely awarded to market dynamics, in particular to the balance between supply and demand. Although many new entities acquire bitcoin, an additional offer from previously inactive wallets could prevent the price from going up suddenly.
Glassnode, a blockchain analysis company, observed that the price range between $ 110,000 and $ 117,000 is gradually becoming more active. Bitcoin is bought both during folds and at higher levels. This dynamic creates a “staircase diagram” in the formation of the average cost, with buyers involved in different phases rather than one time.
If the current pace of accumulation is maintained and more and more companies are adopting Bitcoin as a long -term reserve, the offer available on the open markets could be reduced more. This progressive change, supported by institutional interest, reinforces the probability of an increase in prices, potentially setting the bases so that the BTC reaches the $ 150,000 mark, if the adoption continues at this rate.
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