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Sequans shares drop 16% after selling 970 Bitcoin to cut debt

Sequans shares drop 16% after selling 970 Bitcoin to cut debt

2025-11-05

Sequans shares drop 16% after selling 970 Bitcoin to cut debt

Sequans shares fell 16% on Tuesday after the chip maker said it sold 970 Bitcoin to redeem half of its $189 million outstanding convertible debt.

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