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Sequans Communications fully exits Bitcoin holdings, refocusing on semiconductor business.

Market News
25 Sep 2026
Crypto news
View Source
Bearish
Sequans Communications fully exits Bitcoin holdings, refocusing on semiconductor business.

Sequans Communications has sold its remaining 314 Bitcoin, completing its exit from Bitcoin treasury holdings to focus on its semiconductor operations. Earlier Bitcoin sales helped the company reduce and redeem convertible debt, strengthening its balance sheet and eliminating cryptocurrency exposure. This marks a strategic shift from its previous stance of maintaining Bitcoin reserves, as Sequans now prioritizes growth in cellular IoT and software-defined radio semiconductors. Other companies have sold Bitcoin for financing but many continue to hold significant BTC reserves, showing varied corporate strategies toward Bitcoin in 2026.

Sequans Communications' exit from Bitcoin holdings is noted here with Pluang's cryptocurrency market data as of Sep 25, 2026 21:45 WIB. Out of 50 major cryptocurrencies priced on Pluang, 30 rose and 19 fell today. Among notable movers, Ethereum Classic (ETC) dropped 8.10% to Rp168.138 with a typical hold time of 67 days and a 77% sell order activity, while Decentraland (MANA) gained 5.87% to Rp1.624 with 74% sell orders. The most notable figure is ETC's 8.10% decline.

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