Sequans Sells Half of Bitcoin Holdings as Losses Widen

TLDR Sequans sold 1,025 bitcoin in the first quarter of 2026 and reduced its holdings to 1,114 BTC. The company reported revenue of $6.1 million, down 24.8% from $8.1 million a year earlier. Operating losses reached $50.5 million, including $29.3 million in unrealized bitcoin impairment charges. Net loss totaled $54.3 million, compared with $7.3 million [...]

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