On the 24th, Sequans Communications, a France-based semiconductor solutions company (NYSE: SQNS, hereafter referred to as Sequans), announced the complete termination of its financial strategy involving the cryptocurrency Bitcoin (BTC).
The company explained that it sold its remaining 314 BTC, which it held as of June 30, 2026, valued at approximately 4.14 billion yen at the time of writing. The termination of the Bitcoin financial strategy is expected to strengthen the balance sheet...