BUSINESSMay 28 · 15:48 UTCBITCOIN MAGAZINEMicah Zimmerman

Sequans (SQNS) Completes Bitcoin Unwind, Exits Digital Asset Strategy After Less Than a Year

Sequans Communications (SQNS) has completed the sale of most of its Bitcoin holdings, exiting its digital asset strategy after less than a year. The company now holds 658 BTC and plans to monetize the remaining holdings over time, shifting focus back to its IoT semiconductor business and 5G technology development.

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Mentioned

Sequans CommunicationsorganizationGeorges KarampersonBitcointopic4G LTE-MtopicCat-1bistopic5G eRedCaptopicMicah ZimmermanpersonBitcoin Magazineorganization

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