Company Metrics
BTC Price
Current price of Bitcoin
$66,770
SQNS BTC Holdings
Bitcoins held on balance sheet
₿2,189
SQNS mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
0.69x
SQNS Stock Price
Latest stock price (in USD)
$2.89
SQNS % from 52W High
Current price gap from 52-week high
-95%
SQNS Enterprise Value
MCap + Debt + Pref - Cash
$100.9M
SQNS Market Cap
Equity market value
$46.2M
SQNS BTC NAV
Current value of BTC = holdings × BTC price
$146.2M
SQNS MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
32%
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)
0.32x
SQNS 1W Return
Feb 20, 2026 ($2.91) → Mar 1, 2026 ($2.89)
-0.69%
SQNS 1M Return
Jan 26, 2026 ($4.96) → Mar 1, 2026 ($2.89)
-41.73%
SQNS 3M Return
Nov 26, 2025 ($5.79) → Mar 1, 2026 ($2.89)
-50.09%
SQNS YTD Return
Dec 31, 2025 ($4.49) → Mar 1, 2026 ($2.89)
-35.63%
SQNS 1Y Return
Feb 27, 2025 ($23.70) → Mar 1, 2026 ($2.89)
-87.81%
SQNS 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-63.74 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)
$295.46K
SQNS Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$674.35K
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
118.2%
SQNS Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
121.4%
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
$66,770
SQNS BTC Holdings
Bitcoins held on balance sheet
₿2,189
SQNS BTC NAV
Current value of BTC = holdings × BTC price
$146.2M
SQNS BTC Rate (since Jan 1, 2024)
Average daily Bitcoin acquisition rate since Jan 1, 2024
2.77 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)
$2.89
SQNS Market Cap
Equity market value
$46.2M
SQNS mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
0.69x
SQNS mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.32x
SQNS BTC as % of MCAP
Bitcoin holdings value as a percentage of total market capitalization
316%
SQNS Enterprise Value
MCap + Debt + Pref - Cash
$100.9M
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 20, 2026 ($2.91) → Mar 1, 2026 ($2.89)
-0.69%
SQNS 1M Return
Jan 26, 2026 ($4.96) → Mar 1, 2026 ($2.89)
-41.73%
SQNS 3M Return
Nov 26, 2025 ($5.79) → Mar 1, 2026 ($2.89)
-50.09%
SQNS YTD Return
Dec 31, 2025 ($4.49) → Mar 1, 2026 ($2.89)
-35.63%
SQNS 1Y Return
Feb 27, 2025 ($23.70) → Mar 1, 2026 ($2.89)
-87.81%
SQNS 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-63.74 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
-95.04%
SQNS Trading & Risk
SQNS Trading Volume
Most recent day's trading volume (VWAP × Volume)
$295.46K
SQNS Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$674.35K
SQNS 30D Volatility
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
118.2%
SQNS 1Y Volatility
Annualized standard deviation of the daily natural log return measured over the last calendar year
121.4%
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 $146.16M at current prices. This represents 0.010% of the total 21 million Bitcoin that will ever exist.
Trading at a stock price of $2.89 per share with a market capitalization of $46.23M, Sequans Communications's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 0.69x. Bitcoin holdings represent 316% 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 -0.69% over the past week, -41.73% over the past month, -35.63% year-to-date, and -87.81% over the past year. Sequans Communications currently trades -95.04% from its 52-week high. The stock averages $674.35K in daily trading volume over the past 30 days, with 30-day volatility at 118.2%.
Sequans Communications's Bitcoin treasury strategy is led by Georges Karam (CEO).