Sequans Communications (NYSE: SQNS) stock surged sharply by 22.44% in pre-market trading on Monday, July 14, 2025, reaching $5.51 per share following $79M bitcoin purchase. This jump comes after the previous session’s closing price of $4.50.
Sequans Communications S.A. (SQNS) has expanded its bitcoin holdings by acquiring an additional 683 bitcoins for $79 million, paying an average price of $116,213 per bitcoin including fees. As of July 14, 2025, XYZ Corporation holds a total of 1,053 bitcoins valued at approximately $120 million, with an average price of about $113,893 per bitcoin including fees.
