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Deep Tide TechFlow News: On May 28, according to The Block, French Paris-listed company Sequans Communications announced the completion of all redemptions of convertible debt related to its Bitcoin reserves. The company sold approximately 80% of its Bitcoin holdings to repay the debt; it currently has only 658 BTC remaining, and they have been fully unlocked. The company’s CEO Georges Karam said this move marks a strengthened balance sheet and a simplified capital structure, and that in the future the company will focus fully on large-scale expansion of 4G/5G IoT semiconductors, RF transceivers, and defense wireless applications.