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

Cointelegraph.com NewsSequans shares fell 16% on Tuesday after the chip maker said it sold 970 Bitcoin to redeem half of its $189 million outstanding convertible 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.