BlockchainReporter and CoinTurk News EN both report Sequans finishing its Bitcoin treasury exit, but they give different figures for how much BTC was sold in the final transaction.
BlockchainReporter and CoinTurk News EN both report Sequans finishing its Bitcoin treasury exit, but they give different figures for how much BTC was sold in the final transaction.
What all sources agree on
- Sequans Communications has completed its exit from Bitcoin treasury holdings and now holds no cryptocurrency on its balance sheet.
- All debt has been repaid except obligations linked to government-funded research projects.
- CEO Georges Karam framed the move as a measured, opportunistic monetization of Bitcoin holdings to strengthen the balance sheet.
- The exit began with debt redemption tied to convertible notes, with the process starting in May 2026.
- Product revenue grew more than 80% year-over-year in the second quarter of 2026, and the six-month product backlog more than tripled versus the prior year.
- Other companies such as Strive and Strategy have continued accumulating Bitcoin even as Sequans exits its position.
Where the reports disagree
1Amount of BTC sold in Sequans' final treasury transaction
Sequans sold its remaining 314 Bitcoin, completing its treasury exit.
Sequans Communications sold its remaining 34 BTC, marking the end of its corporate treasury program.
What would settle it: Sequans Communications' SEC filing or corporate press release disclosing the exact Bitcoin quantity sold in the final transaction.
2Bitcoin holdings figure as of end of June 2026, tied to the same numerical discrepancy
Sequans sold the 314 Bitcoin still held on its balance sheet as of June 30, 2026, closing a treasury exit first outlined when it redeemed its convertible debt in May 2026.
Its holdings declined from 658 BTC in May to 314 BTC by the end of June, before the final sale in September.
What would settle it: Sequans Communications' balance sheet disclosures or SEC filings showing BTC holdings at end of June 2026 and the final September transaction.
What to make of it
Treat the fact that Sequans has fully exited its Bitcoin treasury as established, but the exact size of the final sale (314 BTC vs 34 BTC) is unresolved until Sequans' own filings or statement specify the figure.
Treat the fact that Sequans has fully exited its Bitcoin treasury as established, but the exact size of the final sale (314 BTC vs 34 BTC) is unresolved until Sequans' own filings or statement specify the figure.
