WiMi Hologram Cloud ( (WIMI) ) has shared an announcement.
On March 27, 2025, WiMi Hologram Cloud Inc. announced it has increased its equity stake in MicroAlgo Inc. to 67.65% by holding a significant number of Class A and Class B ordinary shares. To stabilize market expectations, WiMi has committed to a ten-year lock-up period for these shares, indicating a long-term strategic investment in MicroAlgo. This move is likely to strengthen WiMi’s position in the industry and reassure stakeholders of its commitment to MicroAlgo’s future.
More about WiMi Hologram Cloud
WiMi Hologram Cloud, Inc. (NASDAQ: WIMI) operates an integrated holographic AR application platform in China, boasting a comprehensive and diversified holographic AR content library. The company, which began commercial operations in 2015, has developed a portfolio of 4,654 AR holographic contents and achieved an image processing speed 80 percent faster than the industry average.
YTD Price Performance: -55.36%
Average Trading Volume: 6,217,296
Technical Sentiment Signal: Strong Buy
Current Market Cap: $73.66M
Find detailed analytics on WIMI stock on TipRanks’ Stock Analysis page.