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French Chipmaker Sequans Sells 1,025 Bitcoins in Q1
On 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 by the end of April, nearly halving its position. The company reported a net loss of $54.3 million in the first quarter, with operating losses widening from $7.3 million in the same period last year to $50.5 million.