tiprankstipranks

MicroCloud purchased up to $200M bitcoin, crypto derivatives (March 3)

MicroCloud purchased up to $200M bitcoin, crypto derivatives (March 3)

MicroCloud Hologram (HOLO) on March 3 announced it have purchased up to $200M in bitcoin and cryptocurrency-related securities derivatives. As of February 28, the total accumulated dividends have reached $8.13M. MicroCloud held $303M in cash reserve as of March 3. The company plans to allocate these $303M reserves toward derivatives and technology development in fields such as bitcoin-related “blockchain, quantum computing, quantum holography, and AI-powered AR.” The company added, “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.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com