Japanese listed company KLab plans to invest 3.6 billion yen to purchase Bitcoin and gold at a 6:4 ratio.

PANews reported on December 27th that, according to CoinPost, Japanese listed company KLab announced it has begun purchasing Bitcoin and gold, launching a "dual gold financial strategy ." The company will make small, phased purchases based on price fluctuations. KLab plans to allocate 3.6 billion yen from its approximately 5.1 billion yen in raised funds, investing in Bitcoin and gold at a 6:4 ratio. The company described the decline in the yen's purchasing power as a "silent collapse" and has developed a new strategy to protect shareholder value from inflation and yen depreciation pressures. As of December 25th, in addition to its existing holdings of 1.19828 Bitcoins, it recently purchased 3.17 Bitcoins at an average price of 13.83 million yen, bringing its total holdings to 4.36828 Bitcoins. Furthermore, the company also purchased a pure gold ETF at a price of 21,514 yen.