WIMI News - Candlesense

WiMi Announces Total Cash, Cash Equivalents, and Bitcoin-Related Securities Derivatives Investments Reached Approximately RMB 3.266 Billion (USD 455 Million)

BEIJING, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Beijing, August 8, 2025 – WiMi Hologram Cloud Inc. (Nasdaq: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality ("AR") Technolo...

Could this cash reserve improve WiMi's credit profile and affect its borrowing costs or financing options? What is the timeline for deploying the newly accumulated cash into growth initiatives or strategic acquisitions? Are there any regulatory or compliance considerations related to the Bitcoin-related securities derivatives that could affect the company?

Earnings

29 days ago

WiMi Announces Total Cash, Cash Equivalents, and Bitcoin-Related Securities Derivatives Investments Reached Approximately RMB 3.266 Billion (USD 455 Million)

BEIJING, Aug. 7, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a si...

What are the potential regulatory or tax implications of holding Bitcoin‑related securities for a China‑based company listed on Nasdaq? How might this news influence short‑term technical indicators and trading volume for WIMI? Could the sizable cash reserve trigger a re‑rating of WiMi's credit risk or affect its borrowing costs?

Earnings

30 days ago

WiMi Explores Quantum Algorithms for Large-Scale Machine Learning Models

BEIJING, Aug. 7, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that...

Is there any indication that this quantum initiative will lead to new product offerings or licensing opportunities that could drive future growth? How might this announcement influence analyst sentiment and target price revisions for WiMi's stock? What potential regulatory or intellectual property risks are associated with this quantum machine learning research?

R&d

30 days ago