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via Cointelegraph · By Cointelegraph Staff
Sequans exits Bitcoin treasury strategy after selling remaining 314 BTC
BTC
BTC/USDT
$84,014.04
+0.01%
$84,014.04
+0.01%
(24s)24h Volume
$15,807,918,119.87
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate
+0.0010%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(05:13 PM UTC)
1 min read
Sequans Communications has sold its remaining 314 Bitcoin, completing its exit from a Bitcoin treasury strategy that once saw the semiconductor company hold more than 3,200 BTC.
On Thursday, the French semiconductor company said the exit follows the redemption of its convertible debt in May and will allow it to refocus on its core cellular internet-of-things (IoT) and software-defined radio…
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