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via Decrypt · By Decrypt Editorial

French Chipmaker Sequans Dumps Half Its Bitcoin as Treasury Hype Meets Reality

BTC

BTC/USDT

$59,544.06

-2.74%

$59,544.06

-2.74%

(24s)

24h Volume

$35,793,333,184.11

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

70.9%

Long: 70.9%Short: 29.1%

Funding Rate

-0.0037%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,245.60

▼ -3.00%

Volume (24h): -

Resistance Levels

Resistance 3$64,190.33

Resistance 2$61,809.89

Resistance 1$60,140.67

Price$59,245.60

Support 1$59,102.70

Support 2$57,392.27

Support 3$52,643.43

Pivot (PP):$60,140.67

Trend:Downtrend

RSI (14):29.5

Decrypt Editorial

(05:39 PM UTC)

1 min read

Updated byMichael Roberts

988 views

0 comments

In brief

Sequans Communications sold 1,025 Bitcoin during Q1 2026 after kicking off its accumulation strategy last summer.
Revenue plunged 24.8% year-on-year to $6.1 million as operating losses ballooned to $50.5 million.
Of its remaining Bitcoin, 817 BTC is pledged as collateral for $35.9 million in convertible notes due June 1.

Paris-based chipmaker Sequans Communications liquidated 1,025…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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