Phunware Acquires Additional Bitcoin
AUSTIN, Texas, Dec. 09, 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 $4,975,000 in cash at an average price of approximately $49,750 per bitcoin, inclusive of fees and expenses.
- AUSTIN, Texas, Dec. 09, 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 $4,975,000 in cash at an average price of approximately $49,750 per bitcoin, inclusive of fees and expenses.
- As of December 9, 2021, Phunware holds an aggregate of approximately 630 bitcoin, which were acquired at an aggregate purchase price of approximately $36.8 million and an average purchase price of approximately $58,513 per bitcoin, inclusive of fees and expenses.
- Phunware helps the worlds most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale.
- For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://phunware.com , https://phunwallet.com , https://phuncoin.com , https://phuntoken.com , https://lytetechnology.com/ and follow @phunware, @phuncoin and @phuntoken on all social media platforms.