Metaplanet CEO: Japanese investors are indirectly investing in BTC through tax-free investment mechanisms while avoiding capital gains taxes

TechFlow, May 25 — According to Simon Gerovich, CEO of Japanese publicly listed company Metaplanet, posting on X, Metaplanet was the most purchased stock last week in NISA accounts at SBI Securities, Japan's largest online brokerage.

Japanese investors are using NISA, a tax-free investment scheme, to indirectly invest in bitcoin while avoiding capital gains taxes. Bitcoin, zero taxation, and leverage have become the ultimate proxy choice for Japanese investors.