Major companies are continuing to build their Bitcoin reserves, even as the crypto market experiences a correction.
Sequans Communications
French semiconductor firm Sequans Communications has filed for a $200 million equity offering to expand its Bitcoin holdings. The company currently holds 3,171 BTC and has an ambitious long-term goal of accumulating 100,000 BTC by 2030. This new offering could boost its reserves to nearly 5,000 BTC, placing it alongside companies like Semler Scientific. The move reinforces Sequans’ commitment to Bitcoin despite the rise of Ethereum-focused corporate treasuries.
Michael Saylor’s Strategy
Strategy, the largest corporate Bitcoin holder, has also continued its accumulation. The company, led by Michael Saylor, recently purchased another 3,081 BTC, bringing its total to over 632,000 BTC. While this August buying pace is slower than previous months, Saylor has historically stated his company will continue to buy Bitcoin regardless of price. The company’s Bitcoin-related performance metrics, such as its BTC yield, continue to climb, reinforcing its aggressive long-term strategy.
August 2025, Cryptoniteuae
