Sequans Communications (SQNS), a French semiconductor company listed on the New York Stock Exchange (NYSE), announced on the 4th that it has sold 344 BTC. With this sale, Sequans has dropped to 73rd in the global ranking of listed companies holding BTC, and its current holdings are 314 BTC. Sequans announced the termination of its BTC accumulation strategy last May and plans to sell the remaining holdings to simplify its capital structure and focus on its IoT business and strategy.
