---
title: "France-based Sequans continues to unwind BTC position to recommit to IoT"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294850834.md"
description: "Sequans Communications reduced its Bitcoin holdings to 314 coins in Q2 and eliminated convertible debt. CEO Georges Karam is refocusing the company on its core IoT semiconductor business, marking a strategic shift away from cryptocurrency treasury management."
datetime: "2026-08-04T16:34:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294850834.md)
  - [en](https://longbridge.com/en/news/294850834.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294850834.md)
generator: "portal-rs"
---

# France-based Sequans continues to unwind BTC position to recommit to IoT

Sequans Communications (NYSE: SQNS) trimmed down its Bitcoin treasury to 314 coins during the second quarter and wiped out its convertible debt, the French chipmaker said Tuesday, August 4, as CEO Georges Karam steers the company back toward its IoT semiconductor business. According to the Paris-based company’s preliminary second-quarter results, it held 1,514 BTC worth...

### Related Stocks

- [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md)
- [SQNS.US](https://longbridge.com/en/quote/SQNS.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [HODL.US](https://longbridge.com/en/quote/HODL.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [BITO.US](https://longbridge.com/en/quote/BITO.US.md)
- [03008.HK](https://longbridge.com/en/quote/03008.HK.md)
- [03042.HK](https://longbridge.com/en/quote/03042.HK.md)
- [03430.HK](https://longbridge.com/en/quote/03430.HK.md)
- [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md)

## Related News & Research

- [Binance Founder CZ Says His X Follower Count Has Been a 'Consistent Early Indicator’ of Crypto Cycles](https://longbridge.com/en/news/297631208.md)
- [Bybit upgrades Bitcoin staking vault with a 1.2% guaranteed return](https://longbridge.com/en/news/298058233.md)
- [ProCap Financial sells 50 Bitcoin to repurchase shares at 40% discount](https://longbridge.com/en/news/297963677.md)
- [Stocks in Play: Bitcoin Treasury Corporation](https://longbridge.com/en/news/298054044.md)
- [Metaplanet Buys 1,007 More Bitcoin As Treasury Hits 20,000 BTC](https://longbridge.com/en/news/297936992.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**