Sequans Sells 970 BTC: Debt Reduction Signals Strategic Shift in Bitcoin Treasury Management

Sequans Communications has taken a bold step by selling 970 BTC to reduce its convertible debt from $189 million to $94.5 million, becoming the first company to do so as part of its unique Bitcoin treasury management strategy. This strategic move showcases the potential for financial flexibility within this emerging sector, signaling a pivotal shift in corporate Bitcoin strategies.