sequans

According to BBX data, last weekend, publicly listed companies in the U.S. and European stock markets disclosed the latest developments in digital asset allocation and treasury strategy adjustments. The core information is as follows:Morgan Stanley's ETF increased its holdings by nearly 43 Bitcoin, with a total holding value of $779 million: On-chain tracking data shows that Wall Street investment banking giant Morgan Stanley withdrew 42.979 Bitcoin from its subsidiary's spot Bitcoin exchange-traded fund MSBT on Saturday, extracting from the Coinbase Prime hot wallet address, valued at approximately $3.6 million based on the price at the time of withdrawal. Following this increase, Morgan Stanley's total Bitcoin holdings have now reached 9,261 BTC, with a total holding value of about $779 million.French semiconductor listed company Sequans liquidated 314 BTC, completely exiting its Bitcoin reserve strategy: French well-known semiconductor and IoT chip design listed company Sequans Communications disclosed that it has fully sold the 314 Bitcoin held on its balance sheet. This liquidation marks the company's official termination and complete exit from the previously established Bitcoin corporate treasury reserve strategy, and in the future, it will refocus its funds and liquidity on its core semiconductor business.

French semiconductor company Sequans Communications has sold its last 314 bitcoins, completing its exit from the bitcoin reserve strategy, having previously held over 3,200 BTC. Sequans stated that this exit was conducted after the redemption of convertible bonds completed in May, allowing it to refocus on its core cellular IoT and software-defined radio business.Sequans CEO Georges Karam stated that the company used the proceeds from the bitcoin sales to pay off convertible bonds and strengthen its balance sheet. Currently, Sequans holds no cryptocurrency and has no outstanding debts other than government-funded R&D obligations. Sequans launched its bitcoin reserve strategy in June 2025, announcing a $384 million equity security and convertible secured bond issuance, with Karam at the time calling bitcoin a primary asset and an attractive long-term investment.The company began to reduce its holdings less than six months later, selling 970 BTC in November to redeem half of the convertible bonds. By May 2026, Sequans indicated that it would no longer pursue the reserve strategy and would gradually liquidate the remaining bitcoins. During the 2026 crypto bear market, an increasing number of digital asset reserve companies abandoned or scaled back their accumulation strategies. VanEck's head of digital asset research, Matthew Sigel, noted at the end of July that at least nine companies had completely liquidated or abandoned their bitcoin and cryptocurrency reserve strategies in 2026.

According to market news, the French listed telecommunications company Sequans Communications has sold 344 bitcoins and plans to sell the remaining 314 bitcoins as previously announced. Its Bitcoin 100 ranking is 73rd.

According to BBX data, yesterday the intertwining news of traditional finance's entry into cryptocurrency and corporate reserve exits presented the following core dynamics:SoFi Technologies, Inc. (NASDAQ: $SOFI) announced through a BusinessWire official press release that its SoFiUSD stablecoin has officially opened to approximately 14.7 million members within the SoFi app, supporting buying, selling, holding, and conversion, becoming the first national bank in U.S. history to embed its own stablecoin within a banking app (the issuer is SoFi Bank, N.A., regulated by the OCC). SoFiUSD (on-chain code SOFID) is pegged 1:1 to the U.S. dollar and can be used on the Ethereum and Solana networks, with reserves backed by liquid assets and subject to regular independent CPA audits; in the coming weeks, tokenized deposits and 24/7 cross-border transfer functions will be launched, and an institutional trading channel will be opened in collaboration with Bullish exchange. SoFi CEO Anthony Noto stated, "Users no longer have to choose between blockchain technology and regulated bank products." The company's Q1 2026 crypto trading revenue reached $121.6 million, with a net income of approximately $852,000 after costs; SoFiUSD is not insured by FDIC or SIPC, does not constitute legal tender, and on-chain transactions are generally irreversible.Coinbase Global, Inc. (NASDAQ: $COIN) and the prediction market platform Kalshi announced that the two platforms have received approval from the CFTC to launch cryptocurrency perpetual contract products for U.S. customers, becoming the first exchanges approved to offer such products within the U.S.; this move by the CFTC officially brings perpetual contracts from a regulatory gray area into the federal derivatives legal framework, and a policy statement was released simultaneously, indicating that future applications for perpetual contracts in other asset classes will be reviewed on a case-by-case basis. In 2025, the global trading volume of cryptocurrency perpetual contracts reached $61.7 trillion (up 29% year-on-year, according to CryptoQuant data), and the U.S. previously lacked regulated domestic trading venues. This approval is expected to drive a significant amount of institutional and retail funds back from offshore platforms to compliant channels in the U.S., with several other exchanges expected to follow suit with applications.Sequans Communications S.A. (NASDAQ: $SQNS) CEO Georges Karam clearly announced during the recent Q1 2026 earnings call that the company has completely terminated its previously initiated Bitcoin treasury reserve strategy. The company began its cryptocurrency layout in June 2025, raising approximately $384 million through debt and equity financing, and quickly accumulated 3,000 BTC by the end of July 2025; however, the crypto market crash in October 2025 triggered the company to deleverage, selling 970 BTC in November 2025 and another 1,025 BTC in Q1 2026; as of now, it holds approximately 658 BTC (completely debt-free, worth about $46.8 million), and the company stated it will gradually liquidate over time, with all funds returning to its core chip business. Sequans is an IoT/5G semiconductor company, and this case is one of the most significant "failed corporate Bitcoin reserve strategy cases" in 2026.

According to BBX data, yesterday there was a structural differentiation in the Bitcoin treasury strategies of globally listed companies and large asset management entities, with the core dynamics as follows:Cardone Capital increases holdings on dips: Grant Cardone, CEO of the well-established American real estate investment and asset management giant Cardone Capital, officially posted on social platform X announcing that the company has increased its holdings by 130 BTC during the recent market correction. He emphasized that as a strategic asset reserve against inflation, the company will continue to utilize cash flow to allocate Bitcoin spot on dips.Sequans liquidates 80% of holdings to repay debts: Sequans Communications S.A. (NYSE: $SQNS) released an official announcement on Thursday, stating that it has successfully redeemed all debts related to its Bitcoin treasury by liquidating approximately 80% of its Bitcoin holdings, marking its official exit from the previous cryptocurrency asset treasury strategy. Currently, the company holds only 658 BTC and is completely debt-free, with future focus shifting back to its core business in IoT and cellular semiconductors.

According to The Block, the publicly listed company Sequans Communications in Paris, France, announced the completion of all convertible debt redemptions related to Bitcoin reserves, selling approximately 80% of its Bitcoin holdings to repay the debt, and currently only 658 BTC remain, which are fully unrestricted.The company's CEO Georges Karam stated that this move marks a strengthening of the company's balance sheet and a simplification of its capital structure, and in the future, the company will fully focus on the scaled expansion of its 4G/5G IoT semiconductor, RF transceiver, and defense wireless application businesses.

According to Decrypt, French chipmaker Sequans Communications sold 1,025 bitcoins in the first quarter of 2026, reducing its bitcoin holdings from 2,139 at the end of 2025 to 1,114 by the end of April, nearly halving its position.The company reported a net loss of $54.3 million in the first quarter, with operating losses widening from $7.3 million in the same period last year to $50.5 million. Financial documents show that the quarterly losses included an unrealized bitcoin impairment loss of $29.3 million and a realized sales loss of $11.7 million. Sequans began accumulating bitcoin in July 2025, previously positioning it as "a long-term store of value for shareholders." The company has pledged the remaining 817 bitcoins as collateral for $35.9 million in convertible notes. Sequans' stock price has fallen about 42% over the past six months.

According to BTCtreasuries, the French listed company Sequans Communications has sold 1,025 BTC, and the current total holding is 1,114 BTC.

According to SoSoValue data, as of November 10, 2025, Eastern Time, the total net sell-off of Bitcoin by global listed companies (excluding mining companies) last week was $53.72 million, a decrease of 114.68% compared to the previous week.Strategy (formerly MicroStrategy) invested $49.9 million last week, acquiring 487 Bitcoins at a price of $102,557, bringing its total holdings to 641,692 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.Additionally, three other companies purchased Bitcoin last week. The UK web design and development company The Smarter Web Company announced on November 4 that it invested $400,000 to acquire 4 Bitcoins at a price of $108,510, bringing its total holdings to 2,664 Bitcoins; the UK Bitcoin reserve company B HODL announced on November 6 that it invested $570,000 to acquire 5 Bitcoins at a price of $111,655, bringing its total holdings to 153,039 Bitcoins. The Hong Kong genetic testing and health technology company Prenetics invested $710,000 this week to purchase 7 Bitcoins, bringing its total holdings to 387.4213 Bitcoins.The French wafer manufacturer Sequans reduced its holdings by 970 Bitcoins at a price of $108,600 last week, generating $105 million in revenue. Its current total holdings stand at 2,264 Bitcoins.As of the time of publication, the total amount of Bitcoin held by the listed companies worldwide (excluding mining companies) is 875,120 Bitcoins, with a current market value of approximately $9.315 billion, accounting for 4.39% of the circulating market value of Bitcoin.

The U.S. listed semiconductor company Sequans (NASDAQ: SQNS) saw its stock price drop 16.6% to $5.92 on Tuesday after selling approximately 970 bitcoins to redeem half of its convertible debt, down nearly 89% from its 2025 peak of $53.9.Sequans stated that this move is part of a "strategic asset reallocation." By selling about 30% of its bitcoin holdings (from 3,234 to 2,264 bitcoins), the company reduced its outstanding debt from $189 million to $94.5 million. CEO Georges Karam mentioned that the company's long-term belief in bitcoin remains unchanged, but this sale was a tactical decision to release shareholder value based on the market environment. He added that this transaction strengthens the company's financial foundation, alleviates some debt constraints, and creates space for Sequans to pursue more strategic developments while maintaining bitcoin as a long-term strategic reserve asset. Currently, Sequans is the 33rd largest corporate holder of bitcoin globally, down four places from its ranking in July when it made its purchases.

According to Investing.com, U.S. listed semiconductor company Sequans Communications (NYSE: SQNS) redeemed 50% of its convertible bonds by selling 970 bitcoins. This transaction reduced the company's total debt from $189 million to $94.5 million. Sequans currently holds 2,264 bitcoins, down from 3,234. At current market prices, the company's net asset value in bitcoins is approximately $240 million, and the debt-to-net asset value ratio has decreased from 55% to 39%.Company CEO Georges Karam stated, "Our bitcoin asset allocation strategy and firm belief in bitcoin remain unchanged. This transaction is a tactical decision based on current market conditions, aimed at unlocking shareholder value." The debt reduction is expected to enhance the company's previously announced ADS buyback plan.Sequans focuses on wireless 4G/5G cellular technology in the Internet of Things sector and announced earlier this year that it would adopt bitcoin as a primary asset allocation asset.

ChainCatcher news, according to crypto analyst Emmett Gallic's monitoring, the Bitcoin treasury company Sequans, which holds over 3,200 BTC, transferred 970 BTC.The company sent the Bitcoin to an address that subsequently tested an unused address, which is suspected to be a Coinbase deposit address. Analysts say that if confirmed, this would be Sequans' first sale of Bitcoin since its establishment.

ChainCatcher news, according to the official announcement, the US-listed company Sequans purchased 29 BTC at an average price of approximately $115,517 per coin, bringing its total holdings to 3,234 BTC.

ChainCatcher news, according to the official announcement, the US-listed company Sequans has purchased 34 BTC, currently holding a total of 3,205 BTC.

ChainCatcher news, according to Decrypt, French chip manufacturer Sequans has submitted an application for an ATM equity issuance plan, aiming to raise $200 million to expand its Bitcoin reserves under a long-term reserve fund plan. The company currently holds over 3,000 Bitcoins, with a goal of increasing this number to 100,000 by 2030.

ChainCatcher news, the US-listed company Sequans recently purchased 13 bitcoins at an average price of $117,012, with a total expenditure of approximately $1.5 million. As of August 8, 2025, Sequans holds approximately 3,171 bitcoins, with a total purchase cost of about $370 million and an average price of around $116,709.

ChainCatcher news, Blockstream founder Adam Back responded to community doubts on the X platform, stating that he has not sold his shares in the Bitcoin treasury company Sequans.According to public information, Adam Back currently holds about 5.76% of Sequans' shares. He previously invested in the European listed company The Blockchain Group to advance the corporate Bitcoin treasury strategy.

ChainCatcher news, Bitcoin pioneer and Blockstream founder Adam Back responded to community doubts on the X platform, stating that he has not sold his shares in the Bitcoin treasury company Sequans. According to public information, Adam Back currently holds about 5.76% of Sequans' shares. He previously invested in the European listed company The Blockchain Group to advance the corporate Bitcoin treasury strategy.

ChainCatcher news, according to monitoring by NLNico, the US-listed company Sequans has purchased 85 bitcoins, bringing its total bitcoin holdings to 3,157 coins.

ChainCatcher news, according to NLNico, the US-listed company Sequans has purchased 755 bitcoins, bringing its total holdings to 3072 bitcoins.