Introducing the Pearl Bitcoin Fund
With the launch of Pearl Bitcoin Fund, we’re bringing our disciplined approach to a new frontier: Bitcoin.
As the first tax-free Bitcoin fund, Pearl Bitcoin (BTC) Fund allows accredited investors to reinvest capital gains into Bitcoin and eliminate future capital gains taxes—through the same IRS-backed strategy we’ve used to build lasting investor value across our prior funds.
Treated as a capital asset, Bitcoin’s biggest challenges are volatility and taxes. We’re solving this.
Pearl Bitcoin Fund allows accredited investors to leverage the full potential of Bitcoin while eliminating all capital gains taxes and minimizing volatility through our proprietary long-term Opportunity Zone process.
Why a Fund vs. an ETF?
This is the first Bitcoin investment fund allowing accredited investors to grow their Bitcoin wealth tax-free while benefiting from the well-established, substantial and regulated tax benefits associated with the Opportunity Zone investment program.
Pearl Bitcoin Fund allows long-term investors to invest capital gains into Bitcoin to eliminate all future capital gain taxes. With institutional custody agents and a long-term HODL strategy, we provide a safe, simple, and tax-optimized way to invest in Bitcoin.
Our Bitcoin Journey
2013 — Early Bitcoin Believer
Brian makes his first Bitcoin investment at $230, cementing his position as a BTC OG, long before mainstream adoption.
2014 — Tim Draper Buys Big
Tim Draper purchased 30,000 bitcoins which had been seized from the Silk Road by the US Marshals service and auctioned to the public
2017 — The Jack Dorsey Cultural Signal
Jack Dorsey, then CEO of Twitter and Square, begins publicly advocating for Bitcoin, helping signal BTC’s legitimacy to Silicon Valley and Wall Street alike.
2018 — The Spark for a Tax-Advantaged Vision
After Bitcoin’s dramatic price increase, Brian realizes the importance of tax-advantaged strategies for long-term BTC investing. He pioneers a unique approach using LLCs, trusts, and self-directed Roth IRAs to buy and HODL Bitcoin in cold storage — tax-free.
2019 — Launch of The Pearl Fund
Brian launches The Pearl Fund, the first tax-free early-stage venture capital firm in the U.S. built around the IRS’s Opportunity Zone program (part of the Tax Cuts and Jobs Act). A major innovation in Bitcoin and VC tax planning.
2020 — Michael Saylor buys $250M of BTC
At MicroStrategy, ushering in the corporate Bitcoin treasury era.
2022 — Bitcoin Mining Goes Tax-Free
The Pearl Fund makes tax-free investments into Bitcoin mining operations strategically located in federally designated Opportunity Zones.
2024 — First Tax-Free Bitcoin OZ Business
Brian establishes the country’s first Bitcoin Opportunity Zone Business, enabling Pearl Fund investors to participate in tax-free BTC investing and business ownership at the intersection of Web3 and public policy.
2024 — U.S. Bitcoin Spot ETFs Launch
Marking a major milestone in institutional adoption.
2025 — Tax Free BTC
Launched USA’s first tax-free Bitcoin fund.
See If You Qualify
Interested in investing in BTC tax-free? Answer the following questions, and if you meet the IRS’s requirements our team will follow up with a video conference call