Company Metrics
BTC Price
Current price of Bitcoin
$66,895
SQNS BTC Holdings
Bitcoins held on balance sheet
₿2,189
SQNS mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
0.64x
SQNS Stock Price
Latest stock price (in USD)
$2.45
SQNS % from 52W High
Current price gap from 52-week high
-96%
SQNS Enterprise Value
MCap + Debt + Pref - Cash
$93.8M
SQNS Market Cap
Equity market value
$39.2M
SQNS BTC NAV
Current value of BTC = holdings × BTC price
$146.4M
SQNS MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
27%
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)
0.27x
SQNS 1W Return
Mar 26, 2026 ($2.92) → Apr 3, 2026 ($2.45)
-16.10%
SQNS 1M Return
Feb 27, 2026 ($2.89) → Apr 3, 2026 ($2.45)
-15.22%
SQNS 3M Return
Dec 31, 2025 ($4.49) → Apr 3, 2026 ($2.45)
-45.43%
SQNS YTD Return
Dec 31, 2025 ($4.49) → Apr 3, 2026 ($2.45)
-45.43%
SQNS 1Y Return
Apr 2, 2025 ($21.20) → Apr 3, 2026 ($2.45)
-88.44%
SQNS 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-67.98 p.p.
SQNS 52W High
Highest price in the last 52 weeks (in USD)
$58.30
SQNS Basic Shares
Estimated basic shares outstanding
15,995,897
SQNS Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
SQNS Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$343.81K
SQNS Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$230.27K
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
78.7%
SQNS Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
122.4%
SQNS Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
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
$66,895
SQNS BTC Holdings
Bitcoins held on balance sheet
₿2,189
SQNS BTC NAV
Current value of BTC = holdings × BTC price
$146.4M
SQNS BTC Rate (since Jan 1, 2024)
Average daily Bitcoin acquisition rate since Jan 1, 2024
2.66 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)
$2.45
SQNS Market Cap
Equity market value
$39.2M
SQNS mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
0.64x
SQNS mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.27x
SQNS BTC as % of MCAP
Bitcoin holdings value as a percentage of total market capitalization
374%
SQNS Enterprise Value
MCap + Debt + Pref - Cash
$93.8M
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
Mar 26, 2026 ($2.92) → Apr 3, 2026 ($2.45)
-16.10%
SQNS 1M Return
Feb 27, 2026 ($2.89) → Apr 3, 2026 ($2.45)
-15.22%
SQNS 3M Return
Dec 31, 2025 ($4.49) → Apr 3, 2026 ($2.45)
-45.43%
SQNS YTD Return
Dec 31, 2025 ($4.49) → Apr 3, 2026 ($2.45)
-45.43%
SQNS 1Y Return
Apr 2, 2025 ($21.20) → Apr 3, 2026 ($2.45)
-88.44%
SQNS 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-67.98 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
-95.80%
SQNS Trading & Risk
SQNS Trading Volume
Most recent day's trading volume (VWAP × Volume)
$343.81K
SQNS Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$230.27K
SQNS 30D Volatility
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
78.7%
SQNS 1Y Volatility
Annualized standard deviation of the daily natural log return measured over the last calendar year
122.4%
SQNS Beta
5Y Monthly: Volatility vs market (1.0 ≈ market)
0.42
SQNS Short Interest (% Float)
% of tradable shares sold short
—
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.
—
Loading charts...
Loading charts...
Sequans Bitcoin Purchases
About Sequans Communications's Bitcoin Treasury Strategy
Sequans Communications (SQNS) ranks #34 globally among Bitcoin treasury companies, with 2,189 Bitcoin in its corporate treasury worth approximately $146.43M at current prices. This represents 0.010% of the total 21 million Bitcoin that will ever exist.
Trading at a stock price of $2.45 per share with a market capitalization of $39.19M, Sequans Communications's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 0.64x. Bitcoin holdings represent 374% 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 -16.10% over the past week, -15.22% over the past month, -45.43% year-to-date, and -88.44% over the past year. Sequans Communications currently trades -95.80% from its 52-week high. The stock averages $230.27K in daily trading volume over the past 30 days, with 30-day volatility at 78.7%.
Sequans Communications's Bitcoin treasury strategy is led by Georges Karam (CEO).