Paris-based semiconductor company Sequans Communications sold 970 Bitcoin from its treasury to cut outstanding debt from $189 million to $94.5 million. The firm now holds 2,264 BTC and maintains Bitcoin as its primary reserve asset. CEO Georges Karam said the move was a tactical decision to enhance financial flexibility rather than a shift away from the company's Bitcoin strategy.

Bitcoin dropped to $100,640.15, declining 5.6% in 24 hours and briefly breaking below $100,000 on Binance futures for the first time since June 23. The decline coincided with the dollar index rising to 100.215, four consecutive days of spot ETF outflows totaling approximately $1.34 billion, and $1.3 billion in futures liquidations across crypto markets.

Bitcoin declined 5.30% to $100,915 on November 4, breaking below $101,000 for the first time in months. Market data shows 71.96% of trader accounts hold long positions, while trading volume indicates 51.99% short activity, suggesting retail accumulation against institutional selling.

Dominari Holdings and Yorkville Advisors have become central financial partners in Trump family cryptocurrency operations. Yorkville helped Trump Media & Technology Group raise $2.5 billion for bitcoin purchases and committed $5 billion in credit facilities. Eric Trump and Donald Trump Jr. joined Dominari's advisory board in February and together hold about 12% of the company's equity.

Bitcoin traded near $102,572, down 3.04% in 24 hours and 8% over the week. Long-term holders sold over 405,000 BTC valued at approximately $42.3 billion in the past month, according to CryptoQuant analyst Maartunn. The cryptocurrency remains above the $100,000 level despite the distribution.

Paris-based Sequans Communications sold approximately 970 bitcoin to redeem $94.5 million in convertible debt, reducing its holdings from 3,234 BTC to 2,264 BTC. The transaction lowered the company's debt-to-net-asset-value ratio from 55% to 39%. The sale represents the first significant bitcoin offload by a publicly listed company with a bitcoin treasury strategy.

BlackRock will list the iShares Bitcoin ETF (IBIT) on Australia's ASX in mid-November with a 0.39% management fee, the firm announced November 4, 2025. The company also plans to launch the iShares Core Global Aggregate Bond ETF (AGGG) in early November with a 0.18% fee. The U.S. version of IBIT has accumulated over $98 billion in assets under management within two years.

Bitcoin dropped approximately 4.4% to around $107,000 on November 3, triggering over $1.16 billion in long liquidations. A wallet dormant for nearly 14 years transferred 10,000 BTC originally acquired at $1.54 per coin, with the holder believed to have sold the entire amount for roughly $1 billion. Analysts are now monitoring whether Bitcoin can maintain weekly support near $103,000.