Nasdaq-listed company Mengyun Holography plans to spend $200 million to buy derivatives from Bitcoin or digital currency-related securities
According to online reports, MicroCloud Hologram Inc., a Nasdaq-listed company and holographic technology service provider (NASDAQ: HOLO ) announced that the company plans to raise up to $200 million to purchase Bitcoin or other digital currencies and related securities derivatives and include these assets in its capital reserve strategy. The company currently has cash reserves of approximately US$257 million, and the US$200 million it plans to mobilize will be mainly used to invest in Bitcoin or other digital currencies with market influence and growth potential, as well as derivatives of related securities.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
