Sequans Becomes First Bitcoin Treasury Firm to Sell Holdings Amid Market Strain
Sequans Communications, a fabless semiconductor firm that adopted Bitcoin (BTC) as a reserve asset, has offered 30% of its holdings to scale back convertible debt. This marks the primary occasion of a BTC digital asset treasury (DAT) agency promoting its holdings. The transfer has sparked larger scrutiny of digial asset treasury methods. Sequans Communications Sells…
