Nasdaq-listed French semiconductor company Sequans Communications sold its final 314 Bitcoin on September 24, fully ending a corporate Bitcoin strategy that at one point held more than 3,200 Bitcoin. The company had built the position from mid-2025 before scaling it down. Sequans previously said proceeds from Bitcoin sales were used to redeem convertible debt in May and strengthen its balance sheet. It now holds no cryptocurrency and has no outstanding debt other than obligations related to government-funded research and development. The company has said it will refocus on its core Internet of Things business, including cellular IoT and software-defined radio.