WiMi Hologram Cloud Inc. Stock Price, News & Analysis

WiMi Hologram Cloud (NASDAQ: WIMI), a leading AR technology provider, has reported significant financial strength with total cash, cash equivalents, and investments reaching RMB 3.266 billion (USD 455 million) as of August 7, 2025. This includes RMB 1.741 billion (USD 242 million) in bank cash and RMB 1.525 billion (USD 212 million) in Bitcoin-related securities derivatives and short-term investments.

The company plans to invest USD 450 million in quantum technology, holographic applications, blockchain, and Bitcoin-related cryptocurrency applications. This substantial cash position demonstrates WiMi's successful operational strategies and positions the company to pursue growth opportunities in innovative technologies.

WiMi Hologram Cloud (NASDAQ: WIMI) has announced its exploration of an innovative quantum machine learning algorithm designed to enhance the training efficiency of large-scale machine learning models. The algorithm combines classical machine learning pre-training with quantum acceleration technology through a multi-step process.

The approach involves constructing sparse neural networks and developing a quantum ordinary differential equation (ODE) system, enhanced by a quantum Kalman filtering method. This innovative solution aims to reduce computational complexity while improving model training efficiency and scalability. The technology is expected to have significant applications in digital art and natural language processing, potentially reducing energy consumption in AI model training.

WiMi Hologram Cloud Inc. (NASDAQ: WIMI) has announced the development of a Quantum Computing-Based Feedforward Neural Network (QFNN) algorithm to address computational bottlenecks in traditional neural network training.

The algorithm's core innovations include:

• Quantum Feedforward Propagation using quantum state superposition
• Enhanced Quantum Backpropagation utilizing Quantum Fourier Transform
• Efficient Quantum Random Access Memory (QRAM) for intermediate value storage

The QFNN reduces computational complexity from O(M) to O(N), where M represents connections and N represents neurons. This breakthrough offers at least quadratic speedup in training time and demonstrates natural resistance to overfitting through quantum state uncertainty. The technology shows promise in financial analysis, autonomous driving, biomedical research, and quantum computer vision applications.

WiMi Hologram Cloud Inc. (Nasdaq: WIMI), a leading hologram AR technology provider, has reported a significant financial turnaround in its 2024 annual report. The company transformed from a net loss of RMB 510.4 million in 2023 to a net income of RMB 103.3 million (USD 14.4 million) in 2024.

The company's financial position strengthened substantially with cash and cash equivalents and short-term investments increasing by RMB 1.14 billion (148.0% growth) from RMB 773.9 million in 2023 to RMB 1.92 billion (USD 266.9 million) in 2024. This improved financial situation positions WiMi to pursue new development opportunities and invest in innovation research.

WiMi Hologram Cloud Inc. (Nasdaq: WIMI), a leading hologram augmented reality (AR) technology provider, has filed its annual report on Form 20-F for fiscal year 2024 with the SEC. The company achieved a remarkable financial turnaround, reporting a net income of RMB 103.3 million (USD 14.4 million) in 2024, compared to a net loss of RMB 510.4 million in 2023.

The company's financial position strengthened significantly with cash and cash equivalents and short-term investments increasing by 148.0% to RMB 1.92 billion (USD 266.9 million) in 2024, up from RMB 773.9 million in 2023. This enhanced financial status positions WiMi to pursue new development opportunities and invest in innovation research.

WiMi Hologram Cloud Inc (NASDAQ: WIMI) has significantly increased its ownership in MicroAlgo Inc (NASDAQ: MLGO) to 67.65% of total shares outstanding. The holding consists of 40,000 Class A ordinary shares, 1,810,658 restricted Class A ordinary shares, and 44,878,261 restricted Class B ordinary shares.

In a strategic move to stabilize market expectations, WIMI has committed to a ten-year lock-up period for all currently owned MicroAlgo shares, declaring no intentions to sell or dispose of any Microalgo ordinary shares during this period.

WIMI Hologram Cloud specializes in holographic AR technologies, including automotive HUD software, 3D holographic pulse LiDAR, holographic semiconductor, cloud software, car navigation, and other comprehensive technical solutions.

WiMi Hologram Cloud Inc. (WIMI) has announced an extraordinary general meeting (EGM) scheduled for March 25, 2025, in Beijing. The company plans to terminate its ADS Deposit Agreement with JPMorgan Chase Bank on April 2, 2025. Key proposals include:

1. A share consolidation at a ratio of 1:20, where every 20 existing shares will be consolidated into one share, with the par value changing from US$0.0001 to US$0.002.

2. ADS holders will receive one consolidated Class B ordinary share for every ten ADSs held if the share consolidation is approved. If not approved, they will receive two existing Class B ordinary shares for each ADS.

3. Following the consolidation, a share capital increase from US$50,000 to US$1,500,000 is proposed, significantly expanding the number of authorized shares across all share classes.

WiMi Hologram Cloud (NASDAQ: WIMI) has announced the development of a holographic quantum algorithm for simulating correlated spin systems. The technology enables efficient ground state preparation and dynamic evolution while reducing quantum bit resources significantly.

The algorithm features three key innovations: a Quantum Bit Reuse Strategy that requires only (D-1) quantum bits for D-dimensional systems, a Holographic Variational Quantum Eigensolver (holoVQE) for ground state preparation, and an Efficient Time Evolution Implementation for studying thermalization dynamics.

The technology has been successfully tested on ion-trap quantum computers, simulating antiferromagnetic Heisenberg chains using just two pairs of quantum bits. The algorithm leverages matrix product states (MPS) and quantum channels, making the required quantum bits proportional to the logarithm of entanglement entropy.

WiMi Hologram Cloud (NASDAQ: WIMI) has announced the development of an FPGA-based digital quantum computer verification technology. The innovation treats quantum bits (qubits) as discrete entities called 'digital qubits,' which operate through specific digital quantum gates similar to classical computing logic gates.

The company has designed a prototype implementing digital qubits on FPGA using Hardware Description Language (HDL), with quantum states discretized into different digital states. The technology enables simulation and validation of quantum computing behavior within classical computing architecture, significantly reducing hardware implementation complexity and costs.

The system includes a verification platform that allows real-time monitoring of digital qubits and interaction with classical computing systems. WiMi's solution leverages FPGA's dynamic reconfiguration capabilities and optimizes resource utilization through timing optimization and parallel processing, making quantum computing more accessible and practical for various applications.