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via Cointelegraph · By Cointelegraph Staff

French Company Abandons Crypto Treasury Strategy, Will Liquidate Bitcoin Holdings

BTC

BTC/USDT

$84,293.10

-0.03%

$84,293.10

-0.03%

(24s)

24h Volume

$15,184,451,007.90

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.2%

Long: 58.2%Short: 41.8%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

Cointelegraph Staff

(05:22 PM UTC)

1 min read

Approved byDavid Kim

0 comments

The France-based semiconductor company that announced a move into crypto is “no longer pursuing” a treasury strategy after less than a year.

In a Thursday notice, Sequans Communications said it held 658 Bitcoin (BTC) worth about $48 million at the time of publication, which it said was “fully unencumbered” and unrestricted as it looks to refocus solely on Internet of Things (IoT) semiconductor…

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Cointelegraph Staff · Cointelegraph

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