• Sequans Communications has ended its Bitcoin treasury technique and is returning focus to its IoT semiconductor operations.
  • The corporate repaid all convertible debt utilizing proceeds from Bitcoin gross sales and plans to regularly liquidate its remaining 658 BTC.
  • Sequans accrued greater than 3,000 BTC throughout 2025, however falling costs and monetary pressures led to a serious discount in holdings.

French chipmaker Sequans Communications has formally ended the Bitcoin treasury technique it launched last year, saying it’ll now prioritise progress in its IoT semiconductor enterprise. The corporate nonetheless holds 658 Bitcoin price roughly US$48 million (AU$67.2 million) however plans to monetise the remaining property over time.

Sequans said that each one convertible debt linked to the technique has now been repaid utilizing proceeds generated from earlier Bitcoin gross sales. The corporate described its remaining Bitcoin reserves as “totally unencumbered” following the debt redemption.

The treasury initiative started in June 2025 after Sequans introduced plans to lift about US$385 million (AU$539 million) to build up Bitcoin. The technique was launched shortly after the corporate confronted a New York Inventory Change delisting warning tied to its market capitalisation and shareholders’ fairness ranges.

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The Put up-Bitcoin Reset 

By late 2025, Sequans had amassed greater than 3,000 BTC and promoted Bitcoin as a long-term reserve asset. Nonetheless, weakening Bitcoin costs and debt obligations pressured the corporate to start liquidating parts of its holdings.

The corporate lowered its Bitcoin reserves by way of a sequence of gross sales starting in November 2025, together with the disposal of 970 BTC that month. Extra gross sales throughout 2026 lowered whole holdings to 658 BTC.

Chief govt Georges Karam mentioned the corporate has strengthened its stability sheet and simplified its capital construction. Sequans added that it’s now concentrating on increasing its IoT semiconductor product portfolio and advancing its 5G eRedCap expertise platform.

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