BlockBeats News, December 27th: Japanese listed company KLab announced the official launch of its “Dual Golden Financial Strategy,” starting to gradually purchase Bitcoin and gold. The company plans to invest 3.6 billion yen (about $24 million) from a total financing of about 5.1 billion yen, with a BTC:Gold = 6:4 allocation.
As of December 25th, the company has added 3.17 BTC to its holdings, with an average purchase price of about 13.83 million yen per BTC (about $90,000 per BTC), totaling approximately 4.37 BTC held. The company also simultaneously purchased 1,860 shares of a gold ETF. (CoinPost)
