[Sequans Communications Exits Bitcoin Treasury Strategy, Holdings Reduced to 314 BTC by End of Q2] Sequans Communications announced a gradual exit from its Bitcoin treasury strategy, with holdings decreasing from 1,514 BTC at the end of Q1 to 314 BTC by the end of Q2, valued at approximately $18.4 million. The company achieved a net profit of $5.3 million from Bitcoin sales in Q2. By the end of Q2, the company's cash balance reached $20.97 million, up from $10.6 million at the end of Q1.