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Stock impact report

Some Bitcoin Buying Firms Are Selling as Losses Pile Up on Paper for Many: Report [Yahoo! Finance]

Sequans Communications S.A. American Depositary Shares (each representing one hundred (100) Ordinary Shares) (SQNS) 
Last sequans communications s.a. american depositary shares (each representing one hundred (100) ordinary shares) earnings: 4/23 06:00 am Check Earnings Report
US:NYSE Investor Relations: sequans.com/investors
Company Research Source: Yahoo! Finance
The data provider also found that five firms, including miner Hut 8 and treasury firm Sequans, collectively sold 1,900 Bitcoin last month, as the asset's price fell as low as $81,000. Still, on a net basis, private and public companies stacked 10,750 Bitcoin last month. “This latest growth is due to a small number of dedicated treasury companies that are aggressively building their holdings,” the report added, with Strategy 's buying accounting for 72% of total purchases in November at roughly 9,000 Bitcoin. The report noted that “substantial mark-to-market pressure” was revealed for a number of Bitcoin-buying firms last month, “dragging many 2025 buyers into the red.” Bitcoin Treasuries found, in a sample of 100 companies, that 65% bought Bitcoin for more than $90,000, leaving “a clear majority of these treasuries with unrealized losses,” including those that sought to capitalize on one of Wall Street's hottest trends earlier this year. Among the most recognizable names with Show less Read more
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