Why Is MicroAlgo (MLGO) Stock Up 113% Today?

Group 1 - MicroAlgo (NASDAQ:MLGO) stock surged by 112.7% on Monday following the news of Masaya Otsuka acquiring a 13.56% stake in the company [1][2] - The trading volume for MLGO shares exceeded 78 million, significantly higher than the daily average of approximately 4.9 million shares [2] - Otsuka acquired 700,000 shares of MLGO, which is classified as a passive stake, meaning it does not aim to change the control of the company [3] Group 2 - The SEC filing indicates that the shares acquired by Otsuka are not held for the purpose of changing control of MicroAlgo [3]