MicroCloud Hologram Acquires $15M Stake in MicroStrategy for Indirect Bitcoin Exposure
MicroCloud Hologram, a small NASDAQ-listed firm known for its holographic displays and LiDAR sensors, has acquired a significant stake in MicroStrategy. The company picked up $15.76 million worth of MicroStrategy shares through the maturity and settlement of a structured note investment product.
The 140,268 shares of MicroStrategy were valued at roughly $112 per share based on the total consideration involved. This stake gives MicroCloud Hologram indirect exposure to Bitcoin, as MicroStrategy holds hundreds of thousands of Bitcoin in its treasury.
This move is part of a broader shift for MicroCloud Hologram, which has signaled plans to diversify into blockchain and quantum computing. The company's core business remains focused on holographic technology and LiDAR-related services.