Share this article
Cloud Software Firm Phunware Buys 398 More Bitcoins for About $24M
The company now owns about 529 bitcoins in total, according to a statement.
Updated May 11, 2023, 7:03 p.m. Published Nov 22, 2021, 2:35 p.m. 1 min read
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 about $59,917 per bitcoin, including fees.
- The Austin, Texas-based firm said it now holds about 529 bitcoin at an average purchase price of approximately $60,191 per bitcoin, according to a statement Monday.
- Phunware said last week it would start processing initial issuances of PhunCoin, available for trading on Securitize. In late October, the company said it would begin accepting bitcoin as a form of payment.
- Shares of Phunware were down more than 3% to $3.57 in early trading on Monday.
あなたへの
Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading.
知っておくべきこと:
- Texas man Nathan Fuller allegedly raised $12.3 million from 150 investors via a false AI crypto bot scheme promising up to 100% returns.
- Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading.
- To cover losses, Fuller used fabricated...
Top Stories
