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Benzinga
Benzinga
Business
Henry Khederian

MicroCloud Hologram (HOLO) Stock Skyrockets Friday After $200M Bitcoin Bet Pays Off

Bitcoin Cryptocurrency
Bitcoin,Stack,With,Other,Coin,Pile,Background,,Bitcoin,Concept,,Digital

MicroCloud Hologram Inc (NASDAQ:HOLO) shares are trading sharply higher Friday morning after the company announced a strategic move into the cryptocurrency market with the purchase of up to $200 million in Bitcoin (CRYPTO: BTC) and cryptocurrency-related securities derivatives.

The company confirmed that as of Friday morning, its cumulative investment income from these assets has already reached $34.02 million.

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