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Sequans completes Bitcoin sale, strengthens balance sheet, and focuses on semiconductor growth.

Company Fundamentals
24 Sep 2026
Newsfile Corp
View Source
Bullish
Sequans completes Bitcoin sale, strengthens balance sheet, and focuses on semiconductor growth.

Sequans Communications has sold its remaining 314 Bitcoin holdings, completing its Bitcoin treasury exit and eliminating convertible debt. This move strengthens its balance sheet, leaving the company with no cryptocurrency holdings and a simpler financial structure. Sequans is now fully focused on expanding its 5G/4G cellular IoT and software-defined radio semiconductor business, with product revenue growing over 80% year-over-year in Q2 2026 and a tripled product backlog. The company is advancing its 5G eRedCap platform and gaining traction in defense, drone, and space markets with its RF transceiver technology.

Sequans Communications' recent exit from its Bitcoin treasury completes its shift to a simpler financial structure. For readers following the Technology sector, here is Pluang's market snapshot as of Sep 24, 2026 14:11 WIB: out of 150 priced US tech stocks, 26 rose and 121 fell. Notable movers include Dropbox Inc (DBX) at USD 33.29 with a -2.72% change and a typical hold time of 96 days, Atomera Incorporated (ATOM) at USD 4.36 with a -2.68% change and 15 days typical hold time, and Appian Corp (APPN) at USD 37.86 with a +2.60% change and a 20-day typical hold time.

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