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Sequans sells all Bitcoin, ends crypto strategy to focus on core semiconductor business

Market News
24 Sep 2026
Tokenpost
View Source
Neutral
Sequans sells all Bitcoin, ends crypto strategy to focus on core semiconductor business

French semiconductor company Sequans Communications has sold its remaining 314 Bitcoin, ending a treasury strategy that once held over 3,200 BTC. The move follows the redemption of its convertible debt in May and allows the company to focus on its main operations in cellular IoT and software-defined radio. Sequans initially invested in Bitcoin in 2025 to strengthen its balance sheet but has since used Bitcoin sales to eliminate debt and improve financial stability. The company now holds no cryptocurrency and only government R&D obligations remain as debt.

Sequans Communications' recent exit from its Bitcoin treasury strategy provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 25, 2026 00:31 WIB: out of 50 priced major cryptocurrencies tradable on Pluang, 43 rose and 6 fell today. Notable movers include SXP (Solar) with a price of Rp37 and a 1-day change of -46.27%, LTC (Litecoin) at Rp1.321.245 with a 22.67% increase, and ETC (Ethereum Classic) priced at Rp178.414 with a 14.81% rise. Typical hold times and order activity vary across these assets.

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