Sequans shares drop 16% after selling 970 Bitcoin to cut debt

Home » 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.

Bitcoin (BTC) $ 78,380.00

Ethereum (ETH) $ 2,476.36

Tether (USDT) $ 0.999703

BNB (BNB) $ 754.56

XRP (XRP) $ 1.39

Solana (SOL) $ 103.00

Dogecoin (DOGE) $ 0.089272

Chainlink (LINK) $ 12.66

Shiba Inu (SHIB) $ 0.000005

NEXO (NEXO) $ 0.833503

Enjin Coin (ENJ) $ 0.027386

Cardano (ADA) $ 0.217502