During the first quarter of 2026, Sequans Communications, a French chipmaker for the IoT sector, liquidated 1,025 Bitcoin. According to the Q1 earnings report presented this Tuesday, the company reduced its holdings from 2,139 BTC to 1,114 BTC to generate critical liquidity. This measure comes in response to a quarterly net loss of $54.3 million and a collapse in revenue, which fell to $6.1 million compared to the $8.1 million recorded in 2025.
The forced sale highlights the risk of using crypto assets as a strategic reserve in the face of weak operating balances. Sequans recorded $29.3 million in unrealized losses due to Bitcoin impairment and $11.7 million in realized losses from asset sales. With 73% of its remaining reserves pledged as debt collateral, the company announced it will abandon its crypto treasury strategy after redeeming its obligations before June 1, 2026.
The Sequans case reflects a trend of caution among corporate holders in the face of market volatility. While Bitcoin attempts to recover the $81,000 mark, companies with operational difficulties are prioritizing capital stability over digital asset accumulation, marking a shift in the institutional “store of value” narrative for the long term.
Source: https://goo.su/VjZJwS
Disclaimer: Crypto Economy’s Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to provide rapid information on relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We always recommend verifying the official channels of each project before making related decisions.
