Sequans Communications Sells 1,025 Bitcoin, Holdings Drop to 1,114 BTC

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Minseung Kang

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Photo: Screenshot from the BitcoinTreasuries.net X account
Photo: Screenshot from the BitcoinTreasuries.net X account

Sequans Communications, a France-listed telecommunications company, has sold part of its Bitcoin holdings, signaling a change in how it manages digital assets as part of its treasury strategy.

BitcoinTreasuries.net wrote on X on May 5 that Sequans Communications sold 1,025 Bitcoin.

The sale reduced the company’s Bitcoin holdings to 1,114 BTC. The company ranks 40th among corporate Bitcoin holders.

BTC
Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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