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

On May 25th, it was reported that Simon Gerovich, CEO of the Japanese listed company Metaplanet, stated in a post on X that Metaplanet became the most purchased stock in the NISA account of Japan's largest online securities company, SBI Securities, last week. Japanese investors are indirectly investing in Bitcoin through NISA, a tax-exempt investment mechanism, while avoiding paying capital gains tax. Bitcoin, zero tax liability, and leverage have become the ultimate choice for Japanese investors as Bitcoin proxies.