The company sold about 4.5 million common shares last week, lifting its cash reserves to $2.19 billion while pausing Bitcoin purchases.
Related Posts
Sequans shares drop 16% after selling 970 Bitcoin to cut debt

Sequans shares fell 16% on Tuesday after the chip maker said it sold 970 Bitcoin to redeem half of its $189 million outstanding convertible debt.
South Korea police raid Bithumb over lawmaker hiring favoritism probe: report

South Korean lawmaker Kim Byung-gi faces probe over alleged nepotism tied to his son’s crypto jobs as police raid Bithumb’s offices.
Ethereum Foundation Wallet Sells Over 7,000 ETH: Smart Money Taking Profits?
Ethereum has been in the spotlight lately after reaching its highest levels since November 2021, showcasing remarkable resilience following weeks of massive price surges. The rally has drawn intense debate across the market, with analysts divided on Ethereum’s next move. Some argue that a deeper correction is inevitable after such an aggressive run, while others […]


