Sequans redeems half of convertible debt using Bitcoin sale proceeds
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Sequans Redeems 50% of Convertible Debt Through Strategic Asset Reallocation
November 4, 2025 6:02 AM ESTOpportunistically leverages Bitcoin holdings to enhance financial flexibility, reduce Debt-to-NAV ratio, and boost buyback capacity while preserving long-term treasury optionality
Paris, France--(Newsfile Corp. - November 4, 2025) - Sequans Communications S.A. (NYSE: SQNS), a pioneer in adopting Bitcoin as its primary treasury reserve asset and a leading provider of cellular IoT semiconductor solutions, today announced the redemption of 50% of the convertible debt issued in its recent offering on July 7, 2025. This strategic move was funded through the sale of 970 Bitcoin.
As a result of this transaction, Sequans reduces its total outstanding debt from $189 million to... More
