French publicly traded company Sequans Communications has sold 1,025 Bitcoin, reducing its holdings to 1,114 BTC. Official documents confirm that as of the end of 2025, Sequans held 2,139 BTC. By April 30, the company's Bitcoin holdings were valued at approximately $84.9 million. Of the remaining Bitcoin, 817 BTC are pledged as collateral for $35.9 million in convertible debt, which is scheduled for redemption by June 1. Once the debt is redeemed, the pledged Bitcoin will be unrestricted and available for sale.