SHENZHEN, China, March 3,
2025 /PRNewswire/ -- MicroCloud Hologram Inc. (NASDAQ: HOLO),
("HOLO" or the "Company"), a technology service provider, they
announced that they have purchased up to $200 million in Bitcoin and
cryptocurrency-related securities derivatives. As of February 28, the total accumulated dividends have
reached $8.13 million. HOLO currently
holds $303 million in cash reserves.
The company plans to allocate these $303
million reserves toward derivatives and technology
development in cutting-edge fields such as Bitcoin-related
blockchain, quantum computing, quantum holography, and AI-powered
AR.This move marks HOLO's further exploration and practice in the
cryptocurrency sector while also demonstrating its determination
and strategic vision for future business expansion.
The purchased Bitcoin and its derivatives this time
will be incorporated into HOLO's capital reserve strategy, aiming
to enhance the company's financial stability and long-term growth
potential through diversified investments. HOLO stated that
purchasing Bitcoin and cryptocurrency
derivatives is a key initiative in its exploration of the
cryptocurrency market, helping it gain insights into
market mechanisms, price fluctuations, and investment strategies.
Through this plan, HOLO seeks to accumulate valuable experience for
future business expansion and capital operations in the
cryptocurrency sector.
The company currently holds approximately $303 million in cash reserves. The allocated
funds of up to $200 million will
primarily be used to invest in Bitcoin or other
cryptocurrencies with significant market influence and
growth potential, as well as related securities derivatives. These
assets will become a crucial part of HOLO's financial reserves,
helping to enhance the diversity and risk resilience of its overall
asset portfolio. Meanwhile, HOLO also announced that its total
accumulated dividends have now reached $8.13
million. This figure highlights HOLO's commitment to
maintaining a strong financial position while also striving to
create long-term value for its shareholders. HOLO emphasized that
it will continue to uphold a prudent business strategy, enhance
profitability and market competitiveness, and generate greater
returns for its shareholders.
As a technology service provider, HOLO has also achieved
significant breakthroughs in quantum system research and
large-scale DeepSeek integration. These technological innovations
not only provide strong support for HOLO's investments in the
cryptocurrency sector but also lay a solid foundation
for its future business expansion.
With the continuous growth of the cryptocurrency
market, more and more enterprises are entering this field. As one
of the pioneers, HOLO's investment decisions and strategic planning
will undoubtedly serve as a model for other companies. Moving
forward, HOLO will continue to explore and advance in the
cryptocurrency sector, creating greater value for its
shareholders while making a positive contribution to the overall
development of the industry.
About MicroCloud Hologram Inc.
MicroCloud is committed to providing leading holographic
technology services to its customers worldwide. MicroCloud's
holographic technology services include high-precision holographic
light detection and ranging ("LiDAR") solutions, based on
holographic technology, exclusive holographic LiDAR point cloud
algorithms architecture design, breakthrough technical holographic
imaging solutions, holographic LiDAR sensor chip design and
holographic vehicle intelligent vision technology to service
customers that provide reliable holographic advanced driver
assistance systems ("ADAS"). MicroCloud also provides holographic
digital twin technology services for customers and has built a
proprietary holographic digital twin technology resource library.
MicroCloud's holographic digital twin technology resource library
captures shapes and objects in 3D holographic form by utilizing a
combination of MicroCloud's holographic digital twin software,
digital content, spatial data-driven data science, holographic
digital cloud algorithm, and holographic 3D capture technology. For
more information, please visit http://ir.mcholo.com/
Safe Harbor Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate," or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the Company's future
business development; product and service demand and acceptance;
changes in technology; economic conditions; reputation and brand;
the impact of competition and pricing; government regulations;
fluctuations in general economic; financial condition and results
of operations; the expected growth of the holographic industry and
business conditions in China and
the international markets the Company plans to serve and
assumptions underlying or related to any of the foregoing and other
risks contained in reports filed by the Company with the Securities
and Exchange Commission ("SEC"), including the Company's most
recently filed Annual Report on Form 10-K and current report on
Form 6-K and its subsequent filings. For these reasons, among
others, investors are cautioned not to place undue reliance upon
any forward-looking statements in this press release. Additional
factors are discussed in the Company's filings with the SEC, which
are available for review at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward-looking statements to
reflect events or circumstances that arise after the date
hereof.
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SOURCE MicroCloud Hologram Inc.
