CryptoNeutralcrypto.news · 4h ago5/10
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Sequans dumps $BTC reserve, pivots back to IoT chips after debt cleared
Sequans Communications, a Paris-based chipmaker, has fully exited its bitcoin holdings by selling approximately 80% of its BTC reserves to repay convertible debt obligations. The strategic pivot marks a return to the company's core focus on IoT semiconductor development after completing its debt repayment.
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