Japanese gaming firm KLab has revealed a fresh investment of 200 million yen into Bitcoin and gold ETFs, as reported by Foresight News. The latest allocation includes the purchase of 8.44 $BTC

BTC

87,621.46

-1.69%

along with 3,370 gold ETF shares.

Following this move, KLab’s total holdings have increased to 12.80828 Bitcoin and 5,230 shares of gold. In its latest market outlook, the company suggested that Bitcoin could rebound to its previous peak of 12.6 million yen, with the possibility of extending gains toward the 20 million yen level.