Nov. 7 at 12:58 PM
Sub
$100K this morning
$IBIT $ARKB etc
This is not new news below
Nor is it a trend yet
But the behavior if
$BTC.X is changing from speculative infancy to mature asset
Sequans Communications, a French semiconductor company
$SQNS recently sold 970 #BTC from its corporate treasury to redeem half of its convertible debt.
This transaction, announced on November 4, 2025, reduced its total outstanding debt from
$189 million to
$94.5 million, while leaving the company with 2,264 BTC still in its holdings (valued at around
$200 million at the time).
The sale was part of a strategic pivot to a "Bitcoin treasury" model earlier in 2025