French chip manufacturer Sequans sold 1,025 Bitcoins in the first quarter

BlockBeats News, May 6 — French chip manufacturer Sequans Communications sold 1,025 Bitcoins in the first quarter of 2026, reducing its Bitcoin holdings from 2,139 at the end of 2025 to 1,114 at the end of April, nearly halving. The company reported a net loss of $54.3 million in the first quarter, with operating losses expanding from $7.3 million in the same period last year to $50.5 million.

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