{"id":605956,"date":"2026-05-28T18:52:48","date_gmt":"2026-05-28T18:52:48","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/28\/french-company-abandons-crypto-treasury-strategy-will-liquidate-bitcoin-holdings\/"},"modified":"2026-05-28T18:52:48","modified_gmt":"2026-05-28T18:52:48","slug":"french-company-abandons-crypto-treasury-strategy-will-liquidate-bitcoin-holdings","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/28\/french-company-abandons-crypto-treasury-strategy-will-liquidate-bitcoin-holdings\/","title":{"rendered":"French company abandons crypto treasury strategy, will liquidate Bitcoin holdings"},"content":{"rendered":"

\"French<\/p>\n

In the year since Sequans Communications announced that it would adopt a digital asset treasury strategy, the price of Bitcoin fell by more than 30%.<\/p>\n

The France-based semiconductor company that announced a move into crypto is \u201cno longer pursuing\u201d a treasury strategy after less than a year.<\/p>\n

In a Thursday notice, Sequans Communications said<\/a> it held 658 Bitcoin (BTC<\/a>) worth about $48 million at the time of publication, which it said was \u201cfully unencumbered\u201d and unrestricted as it looks to refocus solely on Internet of Things (IoT) semiconductor growth.<\/p>\n

The company’s NYSE-traded shares, which have shed more than 75% since last June, were up more than 14.5% in morning trading following the announcement.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

In the year since Sequans Communications announced that it would adopt a digital asset treasury strategy, the price of Bitcoin fell by more than 30%. The France-based semiconductor company that announced a move into crypto is \u201cno longer pursuing\u201d a treasury strategy after less than a year. In a Thursday notice, Sequans Communications said it […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-605956","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/605956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=605956"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/605956\/revisions"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=605956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=605956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=605956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}