Bitcoin treasury company Sequans has transferred 970 BTC, valued at approximately $111 million, to Coinbase. This marks the company's first significant outbound transaction since it began its Bitcoin treasury strategy. Despite this transfer, on-chain data indicates that Sequans still retains around 2,264 BTC, which is valued at approximately $255 million at current market prices.
Sequans Transfers 970 BTC to Coinbase in Major Outbound Move
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
