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Phunware Buys Additional 100 Bitcoin for About $6.2M in Cash

Phunware Buys Additional 100 Bitcoin for About $6.2M in Cash



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  1. AUSTIN, Texas, Nov. 05, 2021 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today it has purchased an additional 100 bitcoin for approximately $6.20 million in cash at an average price of approximately $62,030 per bitcoin, inclusive of fees and expenses.

    As of November 4, 2021, Phunware holds an aggregate of approximately 127 bitcoin, which were acquired at an aggregate purchase price of approximately $7.75 million and an average purchase price of approximately $61,238 per bitcoin, inclusive of fees and expenses.

  2. tldr; Phunware, a fully-integrated enterprise cloud platform for mobile, announced today it has purchased an additional 100 bitcoin for approximately $6.20 million in cash. As of November 4, 2021, Phunware holds an aggregate of approximately 127 bitcoin, which were acquired at an aggregate purchase price of approximately $7.75 million.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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