Mengyun Hologram has purchased $200 million of Bitcoin and crypto-related securities derivatives, with a cumulative investment income of $19.08 million

PANews reported on June 4 that according to PR Newswire, MicroCloud Hologram Inc., a Nasdaq-listed company and holographic technology service provider, announced that it has purchased up to $200 million in Bitcoin and cryptocurrency-related securities derivatives. As of June 3, the cumulative investment income has reached $19.08 million. HOLO currently holds $303 million in cash reserves. The company plans to use the $303 million reserve for derivatives and technology research and development in cutting-edge fields such as Bitcoin-related blockchain, quantum computing, quantum holography, and AI augmented reality.

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