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Japanese listed company KLab launches ‘Dual Gold Financial Strategy’, begins allocating Bitcoin and gold

BlockBeats News, December 27, Japanese listed company KLab announced the official launch of its “Dual Gold Financial Strategy,” initiating phased purchases of Bitcoin and gold. The plan allocates 3.6 billion yen (approximately $24 million) from a total financing of about 5.1 billion yen, with a BTC:Gold ratio of 6:4.

As of December 25, the company has newly acquired 3.17 BTC at an average purchase price of around 13.83 million yen per BTC (approximately $90,000 per BTC), bringing its total holdings to about 4.37 BTC, while simultaneously purchasing 1,860 shares of a gold ETF. (CoinPost)