Sequans Sells Remaining 314 BTC, Exits Bitcoin Treasury
8 Articles
8 Articles
Sequans Drops Bitcoin Treasury Plan After Selling Remaining 314 BTC
French semiconductor company Sequans Communications has fully exited its Bitcoin treasury strategy, selling its remaining 314 BTC and leaving the firm with no cryptocurrency holdings. The move completes a process that began after the company ramped up its Bitcoin position in mid-2025 and gradually shifted away from the approach as it adjusted its financing and [...]
Sequans Communications sold the 314 BTC it still retained and put an end to a strategy that exceeded 3,200 bitcoins. The company explained that it used revenue to pay convertible debt and strengthen its balance sheet, while concentrating on IoT cellular and radio defined by software.
French company sells the remaining 314 BTCs and concludes exit from the treasury strategy in Bitcoin, according to Cointelograph
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