Absolutely, you can buy MicroStrategy (MSTR) stock in South Korea! While MSTR isn’t listed on the Korea Exchange (KRX), South Korean investors have several avenues to invest in this Bitcoin-aligned tech powerhouse.
🇰🇷 How to Buy MSTR Stock in South Korea
1.
International Online Brokerages
Platforms like eToro offer access to U.S. stocks, including MSTR. Here’s how you can get started:
- Sign Up: Create an account on eToro.
- Verify Identity: Complete the necessary KYC (Know Your Customer) procedures.
- Deposit Funds: Add funds to your account using your preferred payment method.
- Search & Invest: Look up “MicroStrategy” or “MSTR” and place your order.
Other platforms like Interactive Brokers and Moomoo also provide access to U.S. markets. Ensure to check their availability and services in South Korea.
2.
Leveraged ETPs
For those seeking amplified exposure, consider the +3x Long MicroStrategy ETP offered by Leverage Shares. This product aims to deliver three times the daily performance of MSTR without the need for margin accounts. However, be aware that leveraged products carry higher risk and are more suitable for experienced investors.
📈 Why Consider MSTR?
MicroStrategy is renowned for its substantial Bitcoin holdings, making its stock performance closely tied to Bitcoin’s price movements. In fact, South Korea’s National Pension Service (NPS) invested nearly $34 million in MSTR, reflecting confidence in its crypto-aligned strategy.
⚠️ Important Considerations
- Currency Exchange: Investing in U.S. stocks involves currency conversion. Be mindful of exchange rates and potential fees.
- Tax Implications: Understand the tax obligations associated with international investments in South Korea.
- Market Hours: U.S. stock market hours differ from South Korea’s. Plan your trading activities accordingly.
Ready to dive into the world of MSTR? Choose a platform that aligns with your investment goals and start your journey today!