According to CoinMeta, French fabless semiconductor company Sequans Communications ( NYSE : SQNS ) announced that it has sold the remaining 314 BTC it held as of June 30, officially ending its Bitcoin treasury strategy. The company had previously redeemed its convertible bonds in May and currently has no outstanding debts other than those related to government-funded research and development projects. It no longer holds any cryptocurrencies on its balance sheet and will subsequently re-focus its resources on its cellular Internet of Things and software-defined radio ( SDR ) semiconductor businesses.