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Cardone Capital Increases Bitcoin Holdings by 130 BTC; Sequans Exits Accumulation Strategy After Clearing Debt

GateNews

Capital Flow Stocks

2026-05-29 05:21:49

BTC-0.05%

According to ChainCatcher, Cardone Capital announced on May 28 that it increased its Bitcoin holdings by 130 BTC during recent market dips. CEO Grant Cardone stated the company will continue deploying cash flow to accumulate Bitcoin as an inflation hedge.

Meanwhile, Sequans Communications (NYSE: SQNS) disclosed it liquidated approximately 80% of its Bitcoin holdings to repay all debts related to its treasury strategy. The company now holds 658 BTC with no liabilities and is shifting focus back to its core IoT and cellular semiconductor business.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Over 100,000 BTC Flows Into Exchanges in 30 Days as Stablecoins Exit at Record Pace, Signaling Selling Pressure

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