MicroCloud Hologram Inc. (HOLO) announced it has purchased up to $200 million in bitcoin and cryptocurrency-related securities derivatives, according to a company statement. The technology service provider reported cumulative investment income of $34.02 million from these investments as of July 11.

The Shenzhen-based company holds $394 million in cash reserves and plans to allocate these funds toward derivatives and technology development in blockchain, quantum computing, quantum holography, and AI-powered augmented reality. The bitcoin derivatives will be incorporated into HOLO’s capital reserve strategy as part of its diversified investment approach.

The allocated funds of up to $200 million will primarily target bitcoin and other cryptocurrencies with market influence and growth potential, along with related securities derivatives. These assets will become part of HOLO’s financial reserves to enhance portfolio diversity and risk resilience.

MicroCloud provides holographic technology services including high-precision holographic light detection and ranging solutions, holographic imaging solutions, and holographic digital twin technology services. The company serves customers requiring holographic advanced driver assistance systems and has built a proprietary holographic digital twin technology resource library.

The company stated the cryptocurrency investment represents its exploration of the cryptocurrency market and aims to provide insights into market mechanisms and investment strategies for future business expansion in the sector.