Sequans Sells 1,025 Bitcoin in Q1 2026, Holdings Cut Nearly in Half

BTC-1.8%

According to BlockBeats, French chipmaker Sequans Communications sold 1,025 Bitcoin during the first quarter of 2026, reducing its holdings from 2,139 BTC at the end of 2025 to 1,114 BTC by April. The company reported a net loss of $54.3 million for Q1, with operating losses expanding to $50.5 million from $7.3 million in the prior year period.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments