WiMi Hologram Reports Cash Reserves Surge to USD 455 Million, Plans USD 450 Million Investment in <a href="https://laohu8.com/S/QMCO">Quantum</a> and Holographic Technology
WiMi Hologram Cloud Inc. (Nasdaq: WIMI), a leading global Hologram Augmented Reality Technology provider, announced a significant improvement in its operating performance, with a notable increase in cash reserves. As of August 8, 2025, the company's total cash, cash equivalents, and short-term investments reached approximately RMB 3.266 billion (USD 455 million). This includes bank cash amounting to approximately RMB 1.741 billion (USD 242 million) and Bitcoin-related securities derivatives and short-term investments totaling approximately RMB 1.525 billion (USD 212 million). WiMi plans to allocate USD 450 million in investments toward quantum technology and holographic technology applications, alongside increasing capital deployment in blockchain and Bitcoin-related cryptocurrency applications. This financial milestone highlights the company's solid performance in emerging technology sectors and demonstrates successful operational strategies and strong management capabilities. With ample financial resources, WiMi is well-positioned to seize new development opportunities, enhance investment in innovative research and development, and drive future business growth.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WiMi Hologram Cloud Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9509067-en) on August 08, 2025, and is solely responsible for the information contained therein.
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