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Sequans to Sell Off 7.7 Billion Yen Worth of Bitcoin

2026/05/29 12:49 (Updated 2026/05/29 18:00)
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Written by K.Kobayashi
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Sequans to Sell Off 7.7 Billion Yen Worth of Bitcoin

Complete Liquidation of Bitcoin Holdings

Complete Liquidation of Bitcoin Holdings

On the 28th, France-based IoT semiconductor solutions company Sequans Communications (NYSE: SQNS) announced it will discontinue its financial strategy involving digital assets.

The company explained that it will gradually sell off its holdings. As of the same day, Sequans holds approximately 658 BTC, which is equivalent to 7.7 billion yen at the current exchange rate...

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Iolite Vol.20

Iolite Vol.20

July 2026 issueReleased on 2026/05/29

Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.

MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.