Nasdaq-listed Sequans Communications has raised $384 million to purchase Bitcoin, including an additional 683 BTC acquired for approximately $79 million at an average price of $116,213 per coin. As of mid-July 2025, Sequans holds a total of 1,053 BTC valued at around $120 million. In a separate development, South Korean publicly traded entertainment company K Wave Media secured $1 billion in funding to support its Bitcoin treasury strategy, initially purchasing $15 million worth of Bitcoin with plans to scale holdings toward 10,000 BTC. Meanwhile, Coinbase, a major US cryptocurrency exchange, reached a market capitalization of $100 billion for the first time, coinciding with Bitcoin achieving new all-time highs. The total global cryptocurrency market capitalization also hit a record $3.8 trillion, nearing the size of the United Kingdom’s GDP. These developments underscore increased corporate adoption and growing investor confidence in the cryptocurrency sector.