PANews reported on May 25 that Simon Gerovich, CEO of Metaplanet, a Japanese listed company, posted on X that Metaplanet became the most purchased stock in the NISA account of SBI Securities, Japan's largest online brokerage, last week.
NISA is a tax-free investment mechanism in Japan to indirectly invest in Bitcoin while avoiding capital gains tax. Bitcoin, zero tax burden and leverage become the ultimate Bitcoin proxy choice for Japanese investors.