French chipmaker Sequans sold 1,025 bitcoins in the first quarter

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2026-05-06 00:43

BlockBeats News, May 6th - French chip manufacturer Sequans Communications sold 1025 bitcoins in the first quarter of 2026, reducing its bitcoin holdings from 2139 at the end of 2025 to 1114 by the end of April, nearly halving its position. The company incurred a net loss of $54.3 million in the first quarter, with operating losses widening from $7.3 million in the same period last year to $50.5 million.

Fonte:BlockBeats

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