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

BTC

BTC/USDT

$77,539.92

+7.79%

$77,539.92

+7.79%

(24s)

24h Volume

$48,286,736,936.83

24h H/L

$79,500.00 / $71,132.00

Change: $8,368.00 (11.76%)

Long/Short

51.5%

Long: 51.5%Short: 48.5%

Funding Rate

+0.0064%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$77,730.00

▲ 6.44%

Volume (24h): -

Resistance Levels

Resistance 3$88,643.57

Resistance 2$82,048.13

Resistance 1$78,313.77

Price$77,730.00

Support 1$76,859.07

Support 2$75,605.73

Support 3$72,760.72

Pivot (PP):$71,775.79

Trend:Uptrend

RSI (14):85.5

Decrypt Editorial

(05:39 PM UTC)

1 min read

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…