Bitcoin Treasury Firm Bubble Comes Full Circle as Sequans Unloads BTC to Cut Debt

The financial landscape surrounding Bitcoin and treasury firms has evolved significantly, reaching a pivotal moment as Sequans, a prominent player in this sector, has made the strategic decision to liquidate its Bitcoin holdings. This move is aimed at reducing its existing debt and stabilizing its financial position. The narrative of the Bitcoin treasury firm bubble, which has seen immense highs and lows, appears to have come full circle, highlighting the challenges and complexities faced by companies navigating the volatile cryptocurrency market. This development not only underscores the impact of market fluctuations on corporate strategies but also raises questions about the long-term viability of Bitcoin as a treasury asset for firms looking to manage their financial health. source: https://www.coindesk.com/markets/2025/11/04/bitcoin-treasury-bubble-comes-full-circle-as-sequans-unloads-btc-to-cut-debt