Bimetallic hydrothermal char catalysts (Co-Ni/MHC, Fe-Co/MHC, Fe-Ni/MHC) were prepared through ionic hydrothermal methods and microwave high-temperature activation. During catalyst preparation, different metals synergistically promoted the formation of ordered carbon structures such as carbon nanotubes and carbon microspheres, respectively. Serving both as microwave absorbers and catalysts for the microwave pyrolysis of pine wood, the bimetallic catalysts exhibited distinct advantageous characteristics. Fe-Ni/MHC exhibited excellent microwave absorption properties and was able to assist the PW to heat up rapidly at a rate of 6.17 °C/s, benefiting from which PW achieved a high bio-oil yield of 44.0 % in the microwave-assisted catalytic pyrolysis process. Using Co-Ni/MHC as a catalyst resulted in bio-oil with up to 42.7 % styrene content and had good catalytic effects on the formation of CO and H2. This study provides a scientific reference for the application of hydrothermal treatment and microwave-assisted pyrolysis in biomass pyrolysis technology.