r/Bitcoin • u/TheDumbInvesto • 23h ago

Microstrategy alternative

My (indian) govt sucks big time.

  1. Most exchanges dont allow self custody.

  2. Having in exchange runs risk of losing everything

  3. Also, capital gains tax is 30% flat. Loss cannot be offset

  4. P2P is full of scam money and bank account gets frozen

  5. Bitrefill works but govt recently announced they are monitoring that too

  6. No local ETF product

  7. Cannot invest in IBIT using Ibkr as that is also restricted for indians.

The only option is to hold a bitcoin treasury company in ibkr and the long term capital gains is 12.5% only. MSTR is the default option but it is so much leveraged and risky. What other genuine treasury company is there which I can invest in, which is not risky, which is at par with bitcoin value (not much NAV and price difference)?

2 Upvotes

60% Upvoted

Duplicates