Sequans Communications sold the remaining 314 Bitcoins, ending its Bitcoin treasury-holding strategy. The French semiconductor company previously held more than 3,200 Bitcoins.
Sequans said the decision to exit this strategy was made after the company settled its convertible debt in May. Information about the sale of the remaining Bitcoins was recorded on 25/9.
After liquidating all its Bitcoin holdings, Sequans will refocus on the mobile Internet of Things (IoT) and software-defined radio technology.
Source: https://tintucbitcoin.com/sequans-ban-314-bitcoin-con-lai-rut-khoi-chien-luoc-du-tru-bitcoin/
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