During the first quarter of 2026, Sequans Communications, a French chipmaker for the IoT sector, liquidated 1,025 Bitcoin. According to the Q1 earnings report presented this Tuesday, the company reduced its holdings from 2,139 BTC to 1,114 BTC to generate critical liquidity. This measure comes in response to a quarterly net loss of $54.

French Chipmaker Sequans Dumps Bitcoin Amid Mounting Losses and Debt Pressure