WiMi Hologram (WIMI) Expands Stake in MicroAlgo (MLGO) with Decade-Long Commitment

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Mar 28, 2025
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WiMi Hologram Cloud (WIMI, Financial) has significantly increased its ownership in MicroAlgo (MLGO) to 67.65% and declared a decade-long lock-up period for all of its current shares in the company. As of March 27, WiMi controls 40,000 Class A ordinary shares, 1,810,658 restricted Class A ordinary shares, and 44,878,261 Class B ordinary shares. These holdings account for a substantial portion of MicroAlgo's outstanding shares. The company has also pledged not to sell or dispose of any existing shares, aiming to stabilize market expectations.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.