Crypto

French Chipmaker Sequans Dumps Half Its Bitcoin as Treasury Hype Meets Reality

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In brief

  • Sequans Communications sold 1,025 Bitcoin during Q1 2026 after kicking off its accumulation strategy last summer.
  • Revenue plunged 24.8% year-on-year to $6.1 million as operating losses ballooned to $50.5 million.
  • Of its remaining Bitcoin, 817 BTC is pledged as collateral for $35.9…

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