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.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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