At first I wasn't paying much attention to Metaplanet. Just seemed like another run of the mill Bitcoin treasury play. Why not just buy MSTR?
Here's the thing: in Japan, Bitcoin is taxed as "miscellaneous income" and subject to a progressive income tax rate up to 55%! šµāš«
However, Metaplanet can be used to get exposure to Bitcoin and even placed within tax-free investment vehicles. It's a no-brainer why it would be so popular.
š Thrilled to announce that Iāve joined the incredible team at @UnspendableLabs! It's an honor to work alongside the brilliant minds behind @CounterpartyXCP as they roll out some groundbreaking tools and services.
First up: check out @hznmarket ā a trustless PSBT market where you can trade Counterparty assets for Bitcoin. And this is just the beginning... Stay tuned for some very cool stuff coming later this year! šš„