The wave of corporate Bitcoin (BTC) adoption that contributed to a strong market performance last year is showing clear signs of deceleration. Bitcoin’s retracement below key support levels has exposed weaknesses in the Digital Asset Treasury (DAT) model, prompting companies to reassess their treasury strategies. The popular model of raising capital and allocating to Bitcoin has become increasingly difficult to sustain amid tighter liquidity conditions and elevated volatility. Sequans Communications (SQNS) announced Thursday that it has fully redeemed its remaining convertible debt and is winding down its Bitcoin ... (full story)