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If you are going to spend time and money migrating to another service, choosing one that seems to be headed in the wrong direction seems ill-adviced.
European-alternatives.eu seems like a good resource to find alternative services.
Personally I am waiting to see if Murena.com restores their nextcloud offering, as I am planning to move to /e/OS on my phone again and wouldn’t mind sending a little money their way. I’m not into hypersecurity though, if you have very particular needs others will have better insights. For me having it hosted in the EU is good enough.
For me personally this is the selling point, as I can fund their (open source) work rather than sending money to some company that does not contribute to open source. And since everything they offer is based on FOSS, migrating to another provider is easier than for closed source competition.
That said, I get your point. It is a corporation, and it is putting several eggs on one basket.