Company Metrics
BTC Price
Current price of Bitcoin
$67,829
SQNS BTC Holdings
Bitcoins held on balance sheet
₿2,189
SQNS mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
0.70x
SQNS Stock Price
Latest stock price (in USD)
$3.11
SQNS % from 52W High
Current price gap from 52-week high
-95%
SQNS Enterprise Value
MCap + Debt + Pref - Cash
$104.5M
SQNS Market Cap
Equity market value
$49.8M
SQNS BTC NAV
Current value of BTC = holdings × BTC price
$148.5M
SQNS MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
34%
SQNS BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.010%
SQNS mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.34x
SQNS 1W Return
Feb 6, 2026 ($3.73) → Feb 16, 2026 ($3.11)
-16.51%
SQNS 1M Return
Jan 12, 2026 ($5.34) → Feb 16, 2026 ($3.11)
-41.68%
SQNS 3M Return
Nov 12, 2025 ($6.53) → Feb 16, 2026 ($3.11)
-52.31%
SQNS YTD Return
Dec 31, 2025 ($4.49) → Feb 16, 2026 ($3.11)
-30.64%
SQNS 1Y Return
Feb 13, 2025 ($25.00) → Feb 16, 2026 ($3.11)
-87.54%
SQNS 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-58.11 p.p.
SQNS 52W High
Highest price in the last 52 weeks (in USD)
$58.30
SQNS Basic Shares
Estimated basic shares outstanding
15,995,897
SQNS Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
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SQNS Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$225.71K
SQNS Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$1.16M
SQNS Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$68.1M
SQNS Debt/BTC NAV
Debt as a % of BTC NAV
—
SQNS BTC Rating
BTC NAV ÷ Total Debt
—
SQNS Cash
Total cash and cash equivalents
$13.40M
SQNS Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
117.1%
SQNS Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
120.4%
SQNS Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
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SQNS Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
SQNS Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
SQNS Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
SQNS Put to Call
Ratio of put open interest to call open interest (put OI ÷ call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
—
SQNS Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
—
SQNS Short Interest (% Float)
% of tradable shares sold short
—
SQNS Bitcoin Exposure
BTC Price
Current price of Bitcoin
$67,829
SQNS BTC Holdings
Bitcoins held on balance sheet
₿2,189
SQNS BTC NAV
Current value of BTC = holdings × BTC price
$148.5M
SQNS BTC Rate (since Jan 1, 2024)
Average daily Bitcoin acquisition rate since Jan 1, 2024
2.81 BTC/day
SQNS BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.010%
SQNS Valuation Metrics
SQNS Stock Price
Latest stock price (in USD)
$3.11
SQNS Market Cap
Equity market value
$49.8M
SQNS mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
0.70x
SQNS mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.34x
SQNS BTC as % of MCAP
Bitcoin holdings value as a percentage of total market capitalization
298%
SQNS Enterprise Value
MCap + Debt + Pref - Cash
$104.5M
SQNS Basic Shares
Estimated basic shares outstanding
15,995,897
SQNS Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
SQNS Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$68.1M
SQNS Debt/BTC NAV
Debt as a % of BTC NAV
—
SQNS BTC Rating
BTC NAV ÷ Total Debt
—
SQNS Cash
Total cash and cash equivalents
$13.40M
SQNS Stock Returns
SQNS 1W Return
Feb 6, 2026 ($3.73) → Feb 16, 2026 ($3.11)
-16.51%
SQNS 1M Return
Jan 12, 2026 ($5.34) → Feb 16, 2026 ($3.11)
-41.68%
SQNS 3M Return
Nov 12, 2025 ($6.53) → Feb 16, 2026 ($3.11)
-52.31%
SQNS YTD Return
Dec 31, 2025 ($4.49) → Feb 16, 2026 ($3.11)
-30.64%
SQNS 1Y Return
Feb 13, 2025 ($25.00) → Feb 16, 2026 ($3.11)
-87.54%
SQNS 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-58.11 p.p.
SQNS 52W High
Highest price in the last 52 weeks (in USD)
$58.30
SQNS % Down from 52W High
Current price gap from 52-week high
-94.66%
SQNS Trading & Risk
SQNS Trading Volume
Most recent day's trading volume (VWAP × Volume)
$225.71K
SQNS Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$1.16M
SQNS 30D Volatility
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
117.1%
SQNS 1Y Volatility
Annualized standard deviation of the daily natural log return measured over the last calendar year
120.4%
SQNS Beta
5Y Monthly: Volatility vs market (1.0 ≈ market)
0.31
SQNS Short Interest (% Float)
% of tradable shares sold short
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SQNS Options
SQNS Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
SQNS Total Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
SQNS Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
SQNS Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
SQNS Put to Call
Ratio of put open interest to call open interest (put OI ÷ call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
—
SQNS Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
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Sequans Bitcoin Purchases
About Sequans Communications's Bitcoin Treasury Strategy
Sequans Communications (SQNS) ranks #33 globally among Bitcoin treasury companies, with 2,189 Bitcoin in its corporate treasury worth approximately $148.48M at current prices. This represents 0.010% of the total 21 million Bitcoin that will ever exist.
Trading at a stock price of $3.11 per share with a market capitalization of $49.81M, Sequans Communications's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 0.70x. Bitcoin holdings represent 298% of the company's market cap, underscoring Bitcoin's central role in Sequans Communications's balance sheet strategy.
The most recent purchase was -50 BTC on December 29, 2025.
Recent stock performance shows -16.51% over the past week, -41.68% over the past month, -30.64% year-to-date, and -87.54% over the past year. Sequans Communications currently trades -94.66% from its 52-week high. The stock averages $1.16M in daily trading volume over the past 30 days, with 30-day volatility at 117.1%.
Sequans Communications's Bitcoin treasury strategy is led by Georges Karam (CEO).