Sequans sale of Bitcoins
Sequans, a company listed on US stock exchanges, has confirmed the sale of 970 Bitcoins as part of its strategy to reduce debt. This decision comes as the company seeks to improve its financial position. The sale of these Bitcoins is intended to address outstanding obligations and enhance liquidity. Sequans has been exploring various options to manage its debt effectively, and this transaction represents a significant step in that direction. The company continues to evaluate its financial strategies to ensure long-term stability.
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