Sequans sells remaining Bitcoin, clears debt to focus on semiconductors

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Go back to Sequans sells remaining Bitcoin, clears debt to focus on semiconductors

Sequans Completes Bitcoin Treasury Exit and Emerges with a Solid Financial Foundation

September 24, 2026 6:01 AM EDT

Positioned to accelerate its semiconductor growth strategy through expanding product revenue, licensing opportunities and next-generation technologies

Paris, France--(Newsfile Corp. - September 24, 2026) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans" or the "Company"), a leading provider of 5G/4G cellular IoT and software-defined radio (SDR) semiconductor solutions, today announced that it has completed its Bitcoin treasury exit following the sale of its remaining Bitcoin holdings, emerging with a strengthened balance sheet and a sharpened focus on executing its semiconductor growth strategy.

Highlights:

Bitcoin Treasury... More