Sequans liquidates remaining 314 BTC, ending Bitcoin treasury strategy

French semiconductor company Sequans Communications has sold its final 314 BTC, officially exiting the Bitcoin treasury strategy it initiated in June 2025. The company, which previously held over 3,200 BTC, stated that the proceeds were used to redeem convertible bonds and strengthen its balance sheet. CEO Georges Karam confirmed that Sequans no longer holds any cryptocurrency and has no outstanding debt. This move follows a trend observed in 2026, where at least nine companies have abandoned or reduced their digital asset treasury strategies amid market volatility.