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The Nexus
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Georges Karam

Coverage of Georges Karam in the Nexus archive.

Earliest in view: May 5 · 15:03 UTCMost recent: May 28 · 15:48 UTC
Co-mentioned in this coverage
Sequans Communicationsorganization2Bitcointopic24G LTE-Mtopic1Cat-1bistopic15G eRedCaptopic1Micah Zimmermanperson1Bitcoin Magazineorganization1Qualcommorganization1
Recent coverage
  • BUSINESSMay 28 · 15:48 UTCBITCOIN MAGAZINE
    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.

  • BUSINESSMay 5 · 15:03 UTCBITCOIN MAGAZINE
    Sequans Sells Half Its Bitcoin Holdings as Revenue Falls and Losses Mount

    Sequans Communications sold half of its Bitcoin holdings due to declining revenue and mounting losses. The company's revenue fell by 24.8% and reported a net loss of $54.3 million. Sequans' Bitcoin strategy has become a burden, with the remaining holdings largely encumbered as collateral for outstanding debt.