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SHENZHEN, China - MicroCloud Hologram Inc. (NASDAQ:HOLO), a technology company with a market capitalization of $2.71 billion, announced Monday it has purchased up to $200 million in Bitcoin and cryptocurrency-related securities derivatives, generating $35.96 million in cumulative investment income to date.
The technology service provider currently holds $394 million in cash reserves, demonstrating strong liquidity with a current ratio of 52.19 and no significant debt, which it plans to allocate toward derivatives and technology development in fields including Bitcoin-related blockchain, quantum computing, quantum holography, and AI-powered augmented reality. According to InvestingPro data, the company has achieved 42.62% revenue growth in the last twelve months.
According to the company’s statement, the purchased Bitcoin and derivatives will be incorporated into its capital reserve strategy to enhance financial stability through diversified investments.
The allocated funds will primarily target Bitcoin or other cryptocurrencies with significant market influence and growth potential, as well as related securities derivatives, the company said in a press release.
MicroCloud Hologram describes itself as a provider of holographic technology services, including holographic light detection and ranging solutions, digital twin technology, and holographic 3D capture technology.
The company stated it plans to invest over $400 million in technology sectors including blockchain development, quantum computing, quantum holography, and AI and augmented reality technologies.
In other recent news, MicroCloud Hologram Inc. announced a significant investment of up to $200 million in Bitcoin and cryptocurrency-related securities derivatives. The company reported a cumulative investment income of $34.67 million from these initiatives. MicroCloud Hologram holds $394 million in cash reserves, which it plans to allocate toward derivatives and technology development in fields such as Bitcoin-related blockchain, quantum computing, quantum holography, and AI-powered augmented reality. The company aims to incorporate these Bitcoin and derivatives into its capital reserve strategy to enhance financial stability and long-term growth potential. This move represents the company’s further exploration into the cryptocurrency sector while maintaining its core focus on holographic technology services.
Additionally, MicroCloud Hologram has proposed a multi-qubit quantum state sharing scheme to improve quantum resource utilization. The technology uses hyper-entangled state multiplexing to enhance resource efficiency and incorporates an adaptive measurement strategy to reduce errors. The company claims successful testing of the technology, sharing two 3-qubit GHZ states in a photonic system with improved efficiency and reduced communication volume. However, the technology still faces challenges in implementation, including high-dimensional entangled state preparation and precision timing synchronization. These developments reflect MicroCloud Hologram’s ongoing efforts in advancing quantum computing and cryptocurrency investment strategies.
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