Overview

Click to expand overview
AUSTIN, Texas, Nov. 05, 2025 (GLOBE NEWSWIRE) - Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products Shares of Phunware Inc. edged up 0.2% in premarket trading Friday, after the developer of a multiscreen-as-a-service platform said it bought a additionl $6.2 million worth of Phunware, Inc. (NASDAQ: PHUN) has announced the acquisition of 100 bitcoin for approximately $4.975 million, averaging $49,750 per bitcoin, as part of its larger Earlier today, Friday 5 th November, Phunware announced that it had bought another 100BTC. This amount is approximately worth $6.20 Million in cash. It was purchased Phunware announced today it has purchased an additional 100 bitcoin for approximately $4,975,000 in cash. - Phunware dijo el jueves que ha comprado 100 bitcoins adicionales por 5 millones de dólares en efectivo a un precio medio de 49.750 dólares por bitcoin. A partir del jueves, la plataforma - Phunware said Thursday that it has purchased an additional 100 bitcoin for $5 million in cash at an average price of $49,750 per bitcoin. As of Thursday, the enterprise cloud platform owns Phunware, Inc. (PHUN) disclosed that it has bought an additional 100 bitcoins in an all-cash deal of $6.20 million, inclusive of fees and expenses.

Phunware Buys Another 100 Bitcoin: Latest Investment & Analysis

AUSTIN, Texas, Nov. 05, 2025 (GLOBE NEWSWIRE) - Phunware, Inc. (NASDAQ: PHUN), the provider of a fully-integrated enterprise cloud platform for mobile, continues its strategic investment in cryptocurrency. Shares of Phunware Inc. saw a slight increase as news broke regarding their latest bitcoin acquisition.

Phunware Adds to Bitcoin Holdings

Phunware, Inc. (NASDAQ: PHUN) has announced the acquisition of 100 bitcoin for approximately $4.975 million, averaging $49,750 per bitcoin, as part of its larger investment strategy. Earlier today, Friday 5th November, Phunware announced that it had bought another 100BTC. Phunware announced today it has purchased an additional 100 bitcoin for approximately $4,975,000 in cash.

Breaking Down the $6.2 Million Purchase

The purchase price has been reported in various figures. One report states the purchase was for $6.20 Million in cash. Another details - Phunware dijo el jueves que ha comprado 100 bitcoins adicionales por 5 millones de dólares en efectivo a un precio medio de 49.750 dólares por bitcoin. A partir del jueves, la plataforma - Phunware said Thursday that it has purchased an additional 100 bitcoin for $5 million in cash at an average price of $49,750 per bitcoin. As of Thursday, the enterprise cloud platform owns a significant amount of bitcoin. Some reports indicate Phunware, Inc. (PHUN) disclosed that it has bought an additional 100 bitcoins in an all-cash deal of $6.20 million, inclusive of fees and expenses.

Regardless of the exact final figure including fees and expenses, this latest investment solidifies Phunware's position as a company actively participating in the cryptocurrency market.

What This Means for Phunware (PHUN)

This acquisition raises questions about Phunware's long-term strategy and its belief in the future of Bitcoin. The company's commitment to Bitcoin as a strategic asset is evident in this latest purchase. Keep checking back for ongoing news and updates on Phunware and its cryptocurrency holdings.

Top Sources

Related Articles