$SQNS

Sequans Communications (NYSE) sold its remaining 34 BTC and ended its Bitcoin treasury strategy, focusing on debt reduction and core business.

Sequans Communications (Nasdaq) sold its remaining 314 Bitcoin, ending its accumulation strategy. The company previously held over 3,200 Bitcoin and announced the strategy's end in May. Sequans plans to refocus on its IoT business.

Sequans Communications (SQNS) completed its Bitcoin treasury exit, selling 314 Bitcoin, and now has a strengthened balance sheet. The company reported 80% year-over-year product revenue growth in Q2 2026 and a tripled six-month product backlog. Sequans focuses on semiconductor growth, 5G eRedCap, and SDR applications.

Sequans Communications (NYSE: SQNS) received a notice from the NYSE that it is not in compliance with market capitalization listing rules, having an average market cap below $50 million and stockholders' equity less than $50 million. The company has 90 days to submit a plan to regain compliance within 9 months. Sequans is developing a plan, citing strategic actions like exiting its Bitcoin treasury and focusing on its semiconductor growth strategy.

Sequans Communications S.A. (SQNS) reported Q2 2026 revenue of $7.5 million, up 23.2% quarter over quarter but down 8.4% year over year. Net loss was $9.8 million ($0.65 per diluted ADS). Cash rose to $21.0 million, with 314 Bitcoin valued at about $18.4 million. Q3 revenue guidance was $8.5 million to $10 million.

SEQUANS COMMUNICATIONS (SQNS) furnished an SEC Form 6-K — earnings release. NEWS Sequans Communications Unaudited Second Quarter 2026 Preliminary Financial Results PARIS - August 4, 2026 - Sequans Communications S.A. (NYSE: SQNS) (“Sequans” or the “Company”), a leading provider of 5G/4G cellular IoT semiconductor solutions, today announced preliminary un

Bitcoin treasury companies are selling bitcoin and restructuring as share prices fall and debt obligations rise. Strategy (MSTR) has sold about 3,620 BTC and authorized more. Satsuma (SATS) approved liquidation of 668 BTC. Smarter Web (SWC) sold 178 BTC, Sequans (SQNS) sold 1,025 BTC, and Nakamoto (NAKA) sold about 284 BTC. Miners MARA and Bitdeer also reduced holdings, citing AI pivots.

The article highlights five US-listed semiconductor “picks-and-shovels” firms tied to AI chip demand and Broadcom’s custom silicon. It cites Benchmark (BHE) Q1 2026 AC&C revenue $105M (+41% YoY) and shares up 132% YTD; Amkor (AMKR) Q1 2026 revenue $1.684B (+28%) and shares up 119% YTD; ASE (ASX) packaging growth and shares up 180% YTD; Entegris (ENTG) Q1 2026 revenue $811.9M (+5%) and FCF $143.5M (+343%); Sequans (SQNS) holds 2,139 BTC (~$187.1M) with $11.25 target vs $3.48 price.

Sequans Communications (NYSE: SQNS) said it has fully redeemed its remaining convertible debt, funded by selling part of its Bitcoin holdings. After retiring all convertible notes issued in July 2025, it holds about 658 BTC, “fully unencumbered,” and plans to monetize remaining BTC over time. The company began its Bitcoin treasury in June 2025, later sold more than 80% of peak holdings.

This article highlights bullish sentiments from analysts on three technology companies: Cloudflare (NET), Sequans Communications S A (SQNS), and Adtran (ADTN). William Power of Robert W. Baird maintained a Buy rating on Cloudflare with a $260.00 price target. Scott Searle of Roth MKM reiterated a Buy rating on Sequans Communications S A with a $20.00 price target, and Michael Genovese of Rosenblatt Securities maintained a Buy rating on Adtran with a $20.00 price target.