Phunware Acquires Additional Bitcoin

Phunware, Inc., a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced 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.

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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.

Phunware, Inc., is the pioneer of Multiscreen-as-a-Service (MaaS), an award-winning, fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale.

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