Metaplanet CEO: Japanese investors are investing indirectly in Bitcoin through tax-free investment mechanism
On May 25, Simon Gerovich, CEO of Japanese listed company Metaplanet, said in an article on X that Metaplanet became the most purchased stock in the NISA account of SBI Securities, Japan's largest online brokerage firm last week. Japanese investors are using NISA, a tax-free investment mechanism, to indirectly invest in Bitcoin while avoiding capital gains taxes. Bitcoin, zero tax burden and leverage have become the ultimate Bitcoin proxy choice for Japanese investors.
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