Sequans, a company whose name sounds suspiciously like “sequins” (but is regrettably less sparkly), has wandered back to Ye Olde Crypto Market Stall and emerged clutching 13 fresh bitcoins-about $1.5 million-worth, if you’re the sort who still counts in old-fashioned fiat. Each shiny new digital nugget set them back roughly $117,012 apiece, a price that suggests either boundless optimism or that someone pressed the wrong noughts on the calculator. 😜
With these freshly minted bytes of “digital gold,” Sequans’ hoard now stands at a majestic 3,171 BTC-enough, if stacked end-to-end, to reach the moon and back (assuming the moon has excellent Wi-Fi). All told, the firm has poured roughly $370 million into this cyber-treasury, for an average cost of about $116,709 per bitcoin. The spreadsheet practically glows with smug certainty: their average buy-in is so close to current market levels that it could borrow sugar and still pay it back before the next halving. 😏
So there we have it: another corporate entity quietly morphing into a Bitcoin dragon, sitting on ever-fatter piles of cryptographic treasure while the rest of us mere mortals debate whether the kettle or the toaster uses more electricity. The conviction is palpable-if conviction could be bottled, Sequans would sell it in exchange for… you guessed it, even more bitcoin.
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2025-08-11 14:51