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β‚Ώ1 = $69,338.88β–² 3.50%
Sequans Communications S.A.

Sequans Communications S.A.

SQNSπŸ‡ΊπŸ‡ΈTreasury
$3.16β–² 9.34%
As of March 2, 2026 at 22:13 UTCMarket Closed

Sequans is a fabless semiconductor company specializing in IoT cellular connectivity chips. The company pivoted to a Bitcoin treasury strategy in mid-2025, raising capital through equity and convertible debt to acquire BTC.

BTC Reserve
2,139 BTC
Fiat Reserve
13.40M USD
Total Reserve
161.71M USD
Shares outstanding
16.00M
Total outstanding
94.50M USD
Market cap
50.55M USD
mNAV
0.34xβ–² 5.65%
Amplification
58.4%
Leverage
58.4%
Avg-weighted maturity
2028-07-07
In-the-money
-85.0%
Dilution if full conversion
28.1%

BTC Holdings

BTC Holdings

Maturity Profile

Convertibles

BTC Price & Analytics

Convertibles(1)
SQNS-Jul28
2025-07-07 β€” 2028-07-07
Coupon
0%
Principal
189.00M USD
Outstanding
94.50M USD
Conv. price
21.00 USD
Total conv. outstanding
94.50M USD
Preferred instruments(0)
No active Preferreds.
Other debt(0)
No active other debt.