Sequans Communications to focus on semiconductor business after ending Bitcoin strategy
SQNS Sequans Communications S.A ADR
$2.60 -1.89%
View chart & analysis → - 1Sequans sold its remaining 314 Bitcoins as of June 30 on September 24.
- 2Sequans recorded approximately $9.1 million in revenue for the third quarter.
- 3Sequans Communications will focus on expanding its 4G IoT product business and broadening its operations into defense and drone sectors.
So what's the key point?
Sequans Communications has sold all of its remaining 314 Bitcoins. The company now plans to focus on semiconductor businesses such as IoT and drones.
Source The Motley Fool +1 · View original ↗
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