French semiconductor firm Sequans has fully liquidated its Bitcoin holdings by selling its remaining 314 BTC, according to CoinTelegraph. This move marks the complete unwinding of a Bitcoin treasury that once exceeded 3,200 BTC.
The company’s decision to exit its crypto position reflects a significant shift in its treasury management strategy. Selling the final tranche of Bitcoin indicates a full departure from the digital asset, which had been part of Sequans’ balance sheet for some time.
For Japanese investors, this development highlights the evolving stance of traditional tech companies toward crypto assets amid changing market conditions and regulatory environments.