May 30, 2026 4:39 PM

The dream of Bitcoin as a viable corporate treasury asset is failing. Sequans Communications just dumped 80% of its Bitcoin holdings to pay off debt following a 40% price crash, officially abandoning its crypto strategy entirely. This move suggests that for real-world tech companies, Bitcoin is a volatile distraction rather than a reliable reserve. Is the corporate Bitcoin treasury model fundamentally flawed, or did they just have weak hands? Tell us what you think.
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