Former Bitcoin treasury
MicroCloud Hologram Inc. no longer pursues a Bitcoin treasury strategy. The holdings, debt, and metrics below reflect the last recorded data (Dec 31, 2025) and are no longer being updated.
₿$73,459.79▼ 0.12%
MicroCloud Hologram Inc.
HOLO🇰🇾Former
Chinese holographic technology company providing software and hardware solutions for holographic content, intelligent automobile electronics, and cloud data processing. Allocated $200M from cash reserves to purchase Bitcoin and cryptocurrency derivatives as a diversification strategy.
BTC Holdings
0 BTC
Insufficient history
Stock PriceUpdated 11h ago
$2.17▼ 4.41%
180d
Total financing
3.05M USD
180d
mNAV
—
180d
Leverage
—
180d
Sats/Share
0
180d
Mkt capFD
54.25M USD
SharesFD
25.00M
Fiat reserve
262.26M USD
Total reserve
262.26M USD
Dilution
9.1%
BTC mix
0%
Analytics
FinancialsUnverified
US-GAAPAnnualAs of 2025-12-31
Balance Sheet
Total Assets$395.3M▲76.0%
Total Liabilities$11.8M▲165.3%
Stockholders' Equity$382.8M▲73.9%
Cash & Equivalents$262.3M▲121.4%
Total Debt$7M▲1916.3%
Digital Assets—
Income Statement
Revenue$56.5M▲921.8%
Operating Income$364.6K▲113.8%
Net Income$-7M▼482.0%
Interest Expense$21.7K
Cash Flow
Operating Cash Flow$7.9M▲157.5%
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price |
|---|---|---|---|---|---|
| HOLO-Jun26 | Jun '25 – May '26 | 0% | 36.00M USD | 3.05M USD | 1.46 USD |
| Total | 3.05M USD | ||||
Recent Changes
Fri, Mar 27, 2026
Shares Outstanding
14.6M→22.9M+8.3M(+57.3%)
22,512,360 Class A + 400,000 Class B as of Dec 31, 2025
Form 20-F (FY2025)Sun, Mar 15, 2026
Shares Outstanding
5.1M→14.6M+9.4M(+184.1%)
Dilution from conversion of Jan and Feb 2025 convertible notes
Convertible Notes Issuance ($40M)Fri, Feb 13, 2026
Debt OutstandingMaturityHOLO-Feb26
40.0M→0-40.0M(-100.0%)
Convertible Notes Issuance ($40M)
Fri, Jan 16, 2026
Debt OutstandingMaturityHOLO-Jan26
40.0M→0-40.0M(-100.0%)
Convertible Notes Issuance ($40M)
Thu, Jan 1, 2026
Debt OutstandingMaturityHOLO-Jan26A
28.0M→0-28.0M(-100.0%)
Form 20-F (FY2025)
Wed, Dec 31, 2025
BTC Holdings
2.4K→0-2,353 BTC(-100.0%)
No digital assets or BTC mentioned in FY2025 20-F. Prior 2,353 BTC from bitcointreasuries.net was misclassified derivative exposure (structured products).
Form 20-F (FY2025)Debt OutstandingConversionHOLO-Apr26
40.0M→3.4M-36.6M(-91.5%)
$6.44M total remaining at Dec 31 split proportionally between Apr/Jun notes
Form 20-F (FY2025)Debt OutstandingConversionHOLO-Jun26
36.0M→3.0M-33.0M(-91.5%)
$6.44M total remaining at Dec 31 split proportionally between Apr/Jun notes
Form 20-F (FY2025)Fiat Reserve
118.5M→262.3M+143.8M(+121.4%)USD
Form 20-F (FY2025)