Sequans completes Bitcoin exit, strengthens balance sheet to accelerate semiconductor growth
Sequans has completed its Bitcoin treasury exit, selling the remaining 314 BTC and leaving a debt-free balance sheet outside government-funded R&D. The company reported Q2 2026 product revenue up over 80% YoY and a backlog more than tripling, as 5G eRedCap progress and SDR transceiver momentum support a sharper focus on semiconductor growth.
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