MicroStrategy (MSTR) was among the first companies to hold Bitcoin (BTCUSD) on its balance sheet in June 2020. Today, several other compnanies hold the digital asset, as they view Bitcoin as a store of value and a hedge against inflation despite its underlying volatility. While MicroStrategy is the largest institutional holder of Bitcoin, one little-known penny stock is also accumulating the world’s largest cryptocurrency.
Valued at a market capitalization of just $20 million, MicroCloud Hologram (HOLO) engages in the research and development, and application of holographic technology. It also provides holographic digital twin technology services. Recently MicroCloud announced a significant investment of up to $200 million in Bitcoin and cryptocurrency-related securities derivatives. So, let’s see if this penny stock is the next MicroStrategy.
