Cloud Software Firm Phunware Parts With 24M To Add More Bitcoin To Treasury

Last updated: June 11, 2025, 22:47

Cloud Software Firm Phunware Parts With 24M To Add More Bitcoin To Treasury

Mobile cloud software company Phunware

Mobile cloud software company Phunware (PHUN) announced Monday that it has bought an additional 398 bitcoins for about $23.8 million in cash at an average price of

Cloud Software Firm Phunware Buys 398 More Bitcoins for About

Phunware Inc - Bitcoin Treasuries

The company now owns about

The company now owns about 529 bitcoins in total, according to a statement.

Phunware’s foray into Bitcoin is part of a broader strategy to diversify its treasury and leverage digital assets as a hedge against inflation and currency devaluation.

Phunware (PHUN) Bitcoin purchases part of strategy shift

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Cloud Software Firm, Phunware Parts With $24M to Add More

Austin

Cloud Software Firm Phunware Buys Additional $24M Bitcoin (BTC

Phunware Acquires More Bitcoin - Phunware

Austin, Texas [Decem] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (“the Company”), a fully-integrated enterprise cloud platform for mobile that

Phunware intends to take part

Phunware intends to take part in blockchain-centered financial decentralization and future disruption. The startup is an enterprise cloud network that provides