News Explorer — Sequans Communications Sold Half Its Bitcoin Reserves Due to Financial Challenges

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May 5, 5:39 pm

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Sequans Communications Sold Half Its Bitcoin Reserves Due to Financial Challenges

Sequans Communications liquidated 1,025 Bitcoin in Q1 2026, reducing its reserves by half due to revenue decline and mounting losses. The company's remaining Bitcoin is pledged as collateral for outstanding convertible notes, limiting its flexibility.

Sequans Communications liquidated 1,025 Bitcoin in Q1 2026, reducing its reserves by half due to revenue decline and mounting losses. The company's remaining Bitcoin is pledged as collateral for outstanding convertible notes, limiting its flexibility.

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