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Morgan Stanley increased its holdings of BTC to a total of 9,261 coins, while the French semiconductor company Sequans completely exited

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.

first_img French semiconductor company Sequans liquidated 314 bitcoins, exiting its bitcoin reserve strategy

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.
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