Why Is This Company Dumping All of Its Bitcoin and Abandoning Its BTC Strategy?
• Sequans Communications has sold its remaining 34 BTC, officially concluding its Bitcoin treasury strategy to focus on debt reduction and core business growth.
• The company emphasized that the decision was part of a broader balance-sheet restructuring and not a negative stance on Bitcoin itself.
• Other public companies, like Satsuma Technologies and Empery Digital, have also reduced their BTC exposure this year, while some, like Strive, continue to increase their Bitcoin holdings.
https://cryptopotato.com/why-is-this-company-dumping-all-of-its-bitcoin-and-abandoning-its-btc-strategy/
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