Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Sequans sells remaining 658 Bitcoin, exits crypto to focus on IoT and 5G business

Market News
28 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

French IoT chipmaker Sequans Communications has sold 456 Bitcoin and plans to sell its remaining 658 BTC, ending its digital asset treasury strategy. The Bitcoin sale proceeds were used to fully repay $37 million in convertible debt, leaving the company nearly debt-free. Sequans is now refocusing on scaling its IoT semiconductor business and advancing its 5G roadmap after previously aiming to accumulate 100,000 BTC by 2030. CEO Georges Karam emphasized prioritizing profitability and growth in 4G and RF transceiver segments going forward.

More News

Citytv renews Hudson & Rex for a new 12-episode season starting production in June 2026.

Citytv renews Hudson & Rex for a new 12-episode season starting production in June 2026.

Citytv has announced the renewal of its popular series Hudson & Rex for a new 12-episode season, with production beginning in June 2026 in St. John's, Newfoundland. John Reardon returns as detective Charlie Hudson, reuniting with his canine partner R...

Others
Bullish
1 hour ago
Citytv renews Hudson & Rex for a new 12-episode season with John Reardon returning as Charlie Hudson.

Citytv renews Hudson & Rex for a new 12-episode season with John Reardon returning as Charlie Hudson.

Citytv has announced the renewal of its popular series Hudson & Rex for a new 12-episode season starting production in June 2026 in St. John's, Newfoundland. John Reardon returns as Detective Charlie Hudson, reuniting with his canine partner Rex, alo...

Others
Bullish
1 hour ago
82% of IT pros report web-based security incidents, highlighting urgent browser security risks.

82% of IT pros report web-based security incidents, highlighting urgent browser security risks.

A NordLayer report reveals that 82% of IT professionals experienced web-based security incidents in the past year, with half describing the impact as moderate or severe. Increased use of BYOD policies, remote work, and SaaS tools expands attack surfa...

Market News
Bearish
1 hour ago
Medidata launches AI imaging tool boosting clinical trial speed and accuracy in oncology.

Medidata launches AI imaging tool boosting clinical trial speed and accuracy in oncology.

Medidata unveiled its next-generation AI-powered imaging solution at ASCO 2026, enhancing clinical trial efficiency by speeding up protected health information redaction by 32% and achieving over 97% accuracy in anatomy verification. This technology ...

Others
Bullish
1 hour ago
CredFin and The Agent Underground team up to fund insurance agents amid AI disruption.

CredFin and The Agent Underground team up to fund insurance agents amid AI disruption.

CredFin, Inc. has partnered with The Agent Underground, led by Rob Thomas, to help independent insurance agents access capital for acquisitions and growth amid AI-driven industry disruption. With AI threatening traditional agent roles and acceleratin...

Market News
Bearish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App