NYSE-Listed Sequans Buys 1,264 Bitcoin for $150M – Institutional Investors Coming? Anas Hassan | usagoldmines.com

NYSE-listed Sequans Communications has purchased an additional 1,264 Bitcoin for approximately $150 million at an average price of $118,659 per coin.

This brings the French semiconductor company’s total holdings to 2,317 Bitcoin, acquired for $270 million as institutional adoption accelerates across global markets.

A Trend That Cannot Be Ignored

The acquisition follows a wave of corporate Bitcoin purchases in July, with Japanese Metaplanet adding 797 Bitcoin for $93.6 million, London-listed Smarter Web Company acquiring 325 Bitcoin for $36.5 million, and Swedish firm Refine Group launching a $1 million Bitcoin treasury strategy.

Public companies worldwide have increased their Bitcoin holdings by 120% since July 2024.

Sequans describes itself as “a fabless semiconductor company with a Bitcoin treasury,” viewing Bitcoin as a long-term store of value and primary treasury reserve asset.

The company plans to strategically accumulate assets using net proceeds from equity and debt issuances, cash from operations, and monetization of intellectual property.

The corporate adoption surge coincides with record institutional inflows, as digital asset investment products recorded all-time high weekly inflows of $4.39 billion.

Over 273 companies now hold Bitcoin on their balance sheets, a doubling from 124 companies since June 5, while Bitcoin maintains a trading price near $118,000 following its recent all-time high of $123,000.

The timing aligns with favorable regulatory developments, including President Trump’s signing of the GENIUS Act and continued institutional maturation through regulated vehicles such as exchange-traded funds.

Global Corporate Adoption Wave Accelerates Across Multiple Sectors

Japanese Metaplanet, one of the companies leading corporate accumulation, holds 16,352 Bitcoin worth $1.64 billion, achieving a 435.9% Bitcoin yield year-to-date and targeting 210,000 Bitcoin by 2027.

The company has quadrupled its holdings from under 4,000 Bitcoin in March to over 15,500 Bitcoin in July through aggressive acquisition strategies.

London markets have seen nine companies announce Bitcoin treasury plans in recent weeks.

Smarter Web Company’s market value surged from £4 million to over £1 billion in two months after announcing Bitcoin purchases, though shares have since cooled.

The firm maintains £4 million in available treasury funds for future purchases.

Similarly, Panther Metals purchased a single Bitcoin and saw its shares rise 81% this month, while Bluebird Mining Ventures gained nearly 400% at the time of announcing its Bitcoin plans.

The company has raised £2 million in debt funding and is seeking an additional £10 million for further purchases.

Moreover, Australian crypto asset manager DigitalX secured $13.54 million from investors including Animoca Brands, UTXO Management, and ParaFi Capital to expand its Bitcoin treasury.

The funding brings the total assets to over $95 million, comprising Bitcoin, digital assets, and cash.

BIT Mining has also recently announced plans to raise $200-300 million for a Solana treasury, marking a departure from traditional Bitcoin mining operations.

The stock surged over 300% in pre-market trading following the announcement, while other companies pivot to Ethereum and alternative cryptocurrency treasuries.

Institutional Capital Drives Historic Market Momentum

Digital asset ETFs recorded $4.39 billion in weekly inflows, marking the 14th consecutive week of institutional demand and pushing total assets under management to $220 billion.

Weekly trading turnover reached record levels of $39.2 billion, driven by elevated volumes of Bitcoin and Ethereum.

Less than 5% of spot Bitcoin ETF assets are held by long-term institutional investors such as pension funds and endowments, with 10-15% owned by hedge funds or wealth management firms.

Bitcoin exchange inflows surged to 81,000 Bitcoin on July 15, marking the largest daily figure since February as miners and whales increased exchange deposits following the all-time high.

Regarding Bitcoin price trajectory, Robert Kiyosaki has recently warned of an imminent Bitcoin market collapse, calling it “good news” for long-term buyers.

The author of Rich Dad Poor Dad believes that crashes create major buying opportunities, although Bitcoin has continued to rally above $100,000 despite previous bearish predictions.

Similarly, as Bitcoin’s dominance is dropping, many public companies are increasingly adding altcoins like Ether (ETH), Solana’s SOL, and XRP to their treasury strategies.

Particularly, given that Bloomberg ETF analysts assign a 95% probability for SEC approval of spot Solana, XRP, and Litecoin ETFs this year, up from 90% amid growing institutional optimism.

This anticipation creates the perfect opportunity for both institutions and retails to accumulate.

The post NYSE-Listed Sequans Buys 1,264 Bitcoin for $150M – Institutional Investors Coming? appeared first on Cryptonews.

This articles is written by : Nermeen Nabil Khear Abdelmalak

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