Here is some more interesting information which I have collected.
Let's see how far the next hype goes or is it not hype after all? 🤔
Could remain exciting, I'm curious what will happen tomorrow with the Americans 😁🚀.
And yes, I'm aware of the risk, but it's too much fun right now. (Please don't jump in blindly without an (exit) strategy)
Let me know your thoughts and research, I'm curious what else you've found or researched?
Favorable tax treatment in Japan
In Japan, profits from Bitcoin are subject to capital gains tax of up to 55%, whereas profits from shares such as Metaplanet are only subject to 20%. If you invest via your retirement savings account (NISA) in $3350 (-9.76%) this should be tax-free. This makes it more tax-efficient for Japanese investors to invest in $BTC (-1.43%) via Metaplanet instead of $BTC (-1.43%) directly. This could be important for Japan's ageing population and the weakening yen.
Being.
Narrow float and high short interest:
The stock has a low free float and is one of the most short sold companies in Japan (approx. 25%) . This means that there is only a limited supply of shares available and short sellers have difficulty finding shares to cover their positions - which could lead to a further short squeeze.
Daily triggering of hedging measures on the Tokyo Stock Exchange:
The Tokyo Stock Exchange sets daily price limits. Due to the sharp increase in demand $3350 (-9.76%) these upper limits again and again shortly after the exchange opens and suspends trading for the rest of the day. This is likely to have happened again today. This makes trading extremely difficult for both buyers and sellers.
@Multibagger add again ?
@stefan_21 already dealing with it ? (Or only directly $BTC (-1.43%) )
@TomTurboInvest a trade for you ? 😁
@DonkeyInvestor what does the smart ass say?
@Tenbagger2024 what do you say, worth a little gamble ? 🤔
I'm curious about your opinions ✌️
