Following a 24.49% drop in stock price, Sequans Communications increases its Bitcoin holdings to 3,072 coins, reflecting a strategic pivot towards cryptocurrency investments.
Sequans Communications' stock plummeted 24.49% to $1.495, while the company announced an increase in its Bitcoin holdings to 3,072 coins after purchasing 755 at an average price of $117,296 each. This move signifies a continued commitment to digital assets despite stock volatility.