Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC
60-second summary
Sequans Communications announces it has fully exited its Bitcoin treasury, selling the last 314 BTC and ending a holding that once exceeded 3,200 coins. The French semiconductor firm cites broader industry trends as firms scale back crypto exposure, and the liquidation reduces its balance‑sheet volatility while signaling continued caution across corporate treasury strategies.
The France-based semiconductor company has fully unwound a Bitcoin treasury that once held more than 3,200 BTC as more firms scale back crypto holdings.