Sequans Sells Final 314 BTC to Clear Corporate Debt
strategic_reserves
Sequans Communications sold its remaining 314 BTC for approximately $24.6 million to fully repay its corporate debt. The transaction ends the company’s Bitcoin treasury strategy and removes its remaining bitcoin exposure. The sale underscores how corporate liquidity needs and debt obligations can force holders to liquidate BTC, potentially adding short-term sell-side pressure while reducing institutional treasury demand.
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