French chip manufacturer Sequans sold 1,025 bitcoins in Q1, halving its holdings compared to the end of last year
By: rootdata|2026/05/06 08:42:01
0
Share
According to Decrypt, French chipmaker Sequans Communications sold 1,025 bitcoins in the first quarter of 2026, reducing its bitcoin holdings from 2,139 at the end of 2025 to 1,114 by the end of April, nearly halving its position.
The company reported a net loss of $54.3 million in the first quarter, with operating losses widening from $7.3 million in the same period last year to $50.5 million. Financial documents show that the quarterly losses included an unrealized bitcoin impairment loss of $29.3 million and a realized sales loss of $11.7 million. Sequans began accumulating bitcoin in July 2025, previously positioning it as "a long-term store of value for shareholders." The company has pledged the remaining 817 bitcoins as collateral for $35.9 million in convertible notes. Sequans' stock price has fallen about 42% over the past six months.
You may also like
The payment moment of AI agents: Who will become the Stripe of the machine economy?
Cryptographic infrastructure and card organizations are not mutually exclusive; the winner is the unified gateway that connects both tracks simultaneously.
Rented Tracks: What is this wave of stablecoin FX hot money really paying for?
What is truly being repriced in the market is the layer between stablecoin issuers and the real economy - the transaction layer.
Strategy should have said that selling coins is not ruled out
If Saylor sells his coins, will the cryptocurrency market plummet?
How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy
MegaETH created a flywheel with USDm, aiming to attract a large number of users and funds in the short term.
Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.
Why is a16z Crypto raising another $2.2 billion to heavily invest in Web3?
This round of funding bets on the transition of cryptocurrency from the infrastructure development phase to the phase of real user adoption. Whether focusing on cryptocurrency or crossing over to AI, this real money will only flow to those places that can turn technology into products.
Polymarket Underlying Algorithm Explained
It may be the only article on Twitter that clearly explains all the underlying design of Polymarket in plain language.
What do projects born in the crypto bear market do?
From January to April, RootData has recorded over 1,070 new projects, a decrease of about 32% compared to the same period last year.
a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong
Ben Horowitz, co-founder of a16z, delivered a powerful talk: The two traditional moats of software in the AI era have been erased, and entrepreneurs must seek "new barriers" beyond code and UI.
Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends
After MSTR's financial report showed continued net losses, Saylor changed his stance: Bitcoin is no longer "never to be sold" and can be used as a payment tool.
The toll station at Hormuz and the RMB that cannot be bought
The disorder of the US dollar is giving rise to a new situation in global settlement: gold is being redefined as a "bridge," the CIPS system is expanding rapidly, and global funds are quietly opening up a new channel for the renminbi, which is "hard to obtain."
Interview with Coinbase Institutional's Strategic Head: The Institutionalization of Crypto Reaches a Critical Point
Coinbase executives provide an in-depth analysis: Unfazed by short-term market panic, institutions are accelerating their entry, and tokenization along with the "exchange of everything" is about to completely reconstruct the global financial infrastructure.
Dialogue with Agora CEO Nick: The battle for stablecoin licenses has just begun
Agora strikes: officially applies for a federal trust bank license in the United States, elevating from a stablecoin issuer to "underlying financial infrastructure," targeting the trillion-dollar enterprise payment and B2B settlement market.
Morning Report | a16z Crypto completes $2.2 billion fundraising for its fifth fund; Bullish invests $4.2 billion to acquire share transfer agency Equiniti; PayPal's Q1 performance exceeds expectations
Overview of Important Market Events on May 5th
a16z Crypto: What We See Behind the $2.2 Billion New Fund
After the noise subsides, what remains is often more useful than it appeared at its peak and more enduring than it seemed at its lowest point.
Web3 is dead, Web2+3 should rise
We are not aiming to hold a self-indulgent party for Web3 practitioners, but rather to build a bridge for rational connection between Web2 and Web3.
Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market
In the Latin American remittance market, the real protagonists have never been the young people speculating on cryptocurrencies, but rather the 50-year-old workers who send money to their mothers every month. They don't care about blockchain; they only care about whether the money has arrived.
The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets
Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.
The payment moment of AI agents: Who will become the Stripe of the machine economy?
Cryptographic infrastructure and card organizations are not mutually exclusive; the winner is the unified gateway that connects both tracks simultaneously.
Rented Tracks: What is this wave of stablecoin FX hot money really paying for?
What is truly being repriced in the market is the layer between stablecoin issuers and the real economy - the transaction layer.
Strategy should have said that selling coins is not ruled out
If Saylor sells his coins, will the cryptocurrency market plummet?
How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy
MegaETH created a flywheel with USDm, aiming to attract a large number of users and funds in the short term.
Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.
Why is a16z Crypto raising another $2.2 billion to heavily invest in Web3?
This round of funding bets on the transition of cryptocurrency from the infrastructure development phase to the phase of real user adoption. Whether focusing on cryptocurrency or crossing over to AI, this real money will only flow to those places that can turn technology into products.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
