Sequans Communications, a French semiconductor company, has sold its last 314 BTC, marking its complete departure from Bitcoin as a reserve asset. At one point, Sequans owned a total of 3,234 BTC, some of which were used to manage convertible debt obligations. Following this final sale, the company has no cryptocurrency assets left on its balance sheet. In July 2025, Sequans had launched an ambitious plan to acquire 100,000 BTC by 2030. However, by May of this year, it shifted strategy, opting to cease further purchases and instead gradually liquidate its remaining Bitcoin assets.