US-listed company WiMi Hologram Cloud has purchased $200 million worth of Bitcoin and crypto-related securities derivatives, with cumulative gains reaching $19.08 million

According to PR Newswire, Nasdaq-listed company and holographic technology service provider MicroCloud Hologram Inc. announced that it has purchased up to $200 million in Bitcoin and cryptocurrency-related securities derivatives. As of June 3, the cumulative investment return has reached $19.08 million. HOLO currently holds $303 million in cash reserves. The company plans to use these $303 million reserves for derivatives and technology development in cutting-edge fields such as Bitcoin-related blockchain, quantum computing, quantum holography, and AI augmented reality.