WiMi Hologram Cloud Soars 25% on MicroAlgo Stake Increase

On March 28, 2025, WiMi Hologram Cloud's stock is trading at rise25 in pre-market.

WiMi Hologram Cloud has significantly increased its stake in MicroAlgo Inc. to 67.65%, demonstrating a strong commitment to the company. This move is part of a strategic effort to enhance its control over MicroAlgo, with a ten-year lock-up period for all currently owned shares. This development is likely to have a positive impact on WiMi Hologram Cloud's stock price, as investors may view this as a sign of confidence in the company's future prospects.

The increase in stake comes as MicroAlgo's shares have shown significant volatility, with recent surges and drops. WiMi Hologram Cloud's decision to lock up its shares for a decade suggests a long-term vision for the company, which could stabilize MicroAlgo's stock and provide a more predictable investment environment. This strategic move is expected to bolster investor confidence in both WiMi Hologram Cloud and MicroAlgo, potentially leading to further stock price appreciation.