Metaplanet CEO: Japanese investors are indirectly investing in Bitcoin through tax-free investment mechanisms

Odaily News Simon Gerovich, CEO of Metaplanet, a Japanese listed company, posted on X that Metaplanet became the most bought stock in the NISA account of SBI Securities, Japan's largest online brokerage, last week. Japanese investors are indirectly investing in Bitcoin through NISA, a tax-free investment mechanism, while avoiding capital gains tax. Bitcoin, zero tax burden and leverage have become the ultimate Bitcoin proxy choice for Japanese investors.