MicroAlgo Shares Surge 15% on WiMi Hologram Cloud's Strategic Investment

On March 28, 2025, WiMi Hologram Cloud's stock price rose to 11.2 in pre-market trading.

WiMi Hologram Cloud has significantly increased its stake in MicroAlgo Inc. to 67.65%, demonstrating a strong commitment to the company's future. This move includes a ten-year lock-up period for all currently held shares, indicating a long-term strategic investment. The increase in stake is expected to have a positive impact on WiMi Hologram Cloud's stock price, as it shows confidence in MicroAlgo's potential growth and stability.

MicroAlgo's shares experienced a notable surge following WiMi Hologram Cloud's announcement, reflecting investor optimism about the strategic partnership. The ten-year lock-up period further solidifies WiMi's commitment, potentially attracting more investors and boosting market sentiment.