DAT Firm Sequans Transfers $111M BTC to Coinbase — Sale or Custody Move?
Bitcoin treasury firm Sequans transferred 970 BTC price roughly $111 million to Coinbase, marking its first main outbound transaction since adopting its Bitcoin treasury technique. The firm nonetheless holds round 2,264 BTC valued at roughly $255 million, elevating questions on whether or not this represents an imminent sale or merely a custody reorganization. Transaction Details…
