Sequans Communications, a Nasdaq-listed semiconductor company, reportedly sold 1200 BTC in the second quarter. According to CryptoSlate, Sequans' holdings decreased by 79.3% from 1,514 BTC as of March 31 to 314 BTC as of June 30. This was a strategy to repay convertible bonds and secure cash through Bitcoin sales, and the company announced on May 28 that it had completed debt repayment through Bitcoin sales.
