Phunware, Inc. , 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.

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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.

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