Sequans Dumps Half Its Bitcoin Stash as Losses Pile Up — Here's What That Means for Corporate BTC Holdings

WHY IT MATTERS

Imagine you bought gold bars as a long-term savings plan, but then your paycheck got cut and your bills kept piling up — you'd probably have to sell some of that gold just to keep the lights on. That's essentially what happened here. Sequans is a tech company that bought Bitcoin as part of its financial strategy, but now that its main business isn't doing well, it needs cash. This matters because a growing number of companies have been putting Bitcoin on their balance sheets, treating it like a savings account. Sequans' situation shows that this strategy only works well if the company's actual business is healthy enough to avoid being forced to sell at the wrong time.