Analysis: Most of Metaplanet's retail investors buy shares through Japanese personal savings account plans

Odaily News Metaplanet Inc. forecasts a profit in its fourth-quarter earnings report due later in Tokyo time on Monday, with most of its retail shareholders reportedly buying shares through the Japan Individual Savings Account (NISA) program, which the Japanese government reformed in early 2024 to encourage citizens to save for long-term growth and retirement. In Japan, capital gains from direct purchases of Bitcoin are subject to a tax of up to 55%, making investing through NISA stock brokers such as Metaplanet a cheap and convenient option for small-scale and first-time buyers. (Bloomberg)