[French Semiconductor Company Sequans Sells Remaining 314 Bitcoins, Exits Bitcoin Reserve Strategy] Odaily Planet Daily News – French semiconductor company Sequans Communications announced the sale of its remaining 314 Bitcoins, fully exiting its reserve strategy that once held over 3,200 Bitcoins. The company stated that this move was made after redeeming convertible debt in May and that it will refocus on its cellular IoT and software-defined radio businesses. Sequans noted that the proceeds from the Bitcoin sale have been used to repay convertible debt and improve its balance sheet. The company no longer holds any cryptocurrency and has no outstanding debt obligations, except for government-funded R&D commitments. (Cointelegraph)