We have a new number one in Europe. 🇪🇺 Sequans Communications (a French-based company) moved into the top spot in Europe among companies pursuing an active Bitcoin Treasury strategy that aims to increase BTC per share. With their latest buy of 1,264 BTC, they more than doubled their Bitcoin holdings, now holding 2,317 BTC. This means that they have surpassed The Blockchain Group, currently holding 1,955 BTC. Two different strategies: 1. The Blockchain Group: Slow and steady (Bitcoin Treasury Strategy launch in November 04, 2024) 2. Sequans: Fast and big (Bitcoin Treasury Strategy launch June 23, 2025) While the latter is good at achieving scale quickly, you risk running out of steam in increasing BTC per share equally fast. Compared to that, slow (in comparison) and steady is likely more beneficial in building an investor base with a long-term vision (you build up credibility for your BTC yield strategy over time). It will be interesting to see how this plays out over time.(Dr. Jan Wüstenfeld)