Sequans Dumps Remaining 314 BTC From Treasury Strategy
Sequans, an American wireless communication technology company, has exited its Bitcoin treasury strategy. The company revealed that it sold its remaining 314 BTC (Bitcoin) in a recent move.
No specific reason was given for the decision to sell off their Bitcoin holdings, but the company's actions have been closely followed by cryptocurrency enthusiasts and investors alike.
The sale of the remaining BTC brings an end to Sequans' involvement with Bitcoin as part of its treasury strategy. The exact timing and value of the sale were not disclosed.