📌 Sequans cuts Bitcoin stash to 314 coins as it clears debt and refocuses on chips – Sequans Communications (NYSE: SQNS) trimmed down its Bitcoin treasury to 314 coins during the second quarter and wiped out its convertible debt, the French chipmaker said Tuesday, August 4, as CEO Georges Karam steers the company back toward its IoT semiconductor business. According to the
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Sequans cut its #Bitcoin stash to 314 coins in Q2 and cleared convertible debt, CEO Georges Karam says, refocusing the French chipmaker on IoT semiconductors. #Macro Insights# #Sequans
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