In the news release, MicroCloud Hologram Inc. Announces It Has Purchased Up to $200 Million in Bitcoin and Cryptocurrency-Related Securities Derivatives, with Total Accumulated Dividends Reaching $8.13 Million, issued 03-Mar-2025 by MicroCloud Hologram Inc. over PR Newswire, we are advised by the company that the term used throughout the release should be "cumulative investment income" rather than "accumulated dividends" as originally issued inadvertently. The complete, corrected release follows:

MicroCloud Hologram Inc. Announces It Has Purchased Up to $200 Million in Bitcoin and Cryptocurrency-Related Securities Derivatives, with Total Cumulative Investment Income Reaching $8.13 Million

SHENZHEN, China, March 3, 2025 /PRNewswire/ -- MicroCloud Hologram Inc. (NASDAQ:HOLO), ("HOLO" or the "Company"), a technology service provider, they announced that they have purchased up to $200 million in Bitcoin and cryptocurrency-related securities derivatives. As of February 28, the total cumulative investment income has reached $8.13 million. HOLO currently holds $303 million in cash reserves. The company plans to allocate these $303 million reserves toward derivatives and technology development in cutting-edge fields such as Bitcoin-related blockchain, quantum computing, quantum holography, and AI-powered AR.This move marks HOLO's further exploration and practice in the cryptocurrency sector while also demonstrating its determination and strategic vision for future business expansion.

The purchased Bitcoin and its derivatives this time will be incorporated into HOLO's capital reserve strategy, aiming to enhance the company's financial stability and long-term growth potential through diversified investments. HOLO stated that purchasing Bitcoin and cryptocurrency derivatives is a key initiative in its exploration of the cryptocurrency market, helping it gain insights into market mechanisms, price fluctuations, and investment strategies. Through this plan, HOLO seeks to accumulate valuable experience for future business expansion and capital operations in the cryptocurrency sector.

The company currently holds approximately $303 million in cash reserves. The allocated funds of up to $200 million will primarily be used to invest in Bitcoin or other cryptocurrencies with significant market influence and growth potential, as well as related securities derivatives. These assets will become a crucial part of HOLO's financial reserves, helping to enhance the diversity and risk resilience of its overall asset portfolio. Meanwhile, HOLO also announced that its total cumulative investment income has now reached $8.13 million. This figure highlights HOLO's commitment to maintaining a strong financial position while also striving to create long-term value for its shareholders. HOLO emphasized that it will continue to uphold a prudent business strategy, enhance profitability and market competitiveness, and generate greater returns for its shareholders.

As a technology service provider, HOLO has also achieved significant breakthroughs in quantum system research and large-scale DeepSeek integration. These technological innovations not only provide strong support for HOLO's investments in the cryptocurrency sector but also lay a solid foundation for its future business expansion.

With the continuous growth of the cryptocurrency market, more and more enterprises are entering this field. As one of the pioneers, HOLO's investment decisions and strategic planning will undoubtedly serve as a model for other companies. Moving forward, HOLO will continue to explore and advance in the cryptocurrency sector, creating greater value for its shareholders while making a positive contribution to the overall development of the industry.

About MicroCloud Hologram Inc.

MicroCloud is committed to providing leading holographic technology services to its customers worldwide. MicroCloud's holographic technology services include high-precision holographic light detection and ranging ("LiDAR") solutions, based on holographic technology, exclusive holographic LiDAR point cloud algorithms architecture design, breakthrough technical holographic imaging solutions, holographic LiDAR sensor chip design and holographic vehicle intelligent vision technology to service customers that provide reliable holographic advanced driver assistance systems ("ADAS"). MicroCloud also provides holographic digital twin technology services for customers and has built a proprietary holographic digital twin technology resource library. MicroCloud's holographic digital twin technology resource library captures shapes and objects in 3D holographic form by utilizing a combination of MicroCloud's holographic digital twin software, digital content, spatial data-driven data science, holographic digital cloud algorithm, and holographic 3D capture technology. For more information, please visit http://ir.mcholo.com/

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate," or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic; financial condition and results of operations; the expected growth of the holographic industry and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission ("SEC"), including the Company's most recently filed Annual Report on Form 10-K and current report on Form 6-K and its subsequent filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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SOURCE MicroCloud Hologram Inc.