Jack Maller’s Strike Launches Bitcoin-Backed Loans for Eligible U.S. Customers
By: bitcoin magazine|2025/05/07 05:15:01
0
Share
Bitcoin MagazineJack Maller’s Strike Launches Bitcoin-Backed Loans for Eligible U.S. CustomersStrike has unveiled one of its most powerful and innovative features to date: bitcoin-backed loans. For the first time, eligible users in select U.S. states can now borrow cash against their bitcoin holdings without having to sell their cryptocurrency. This option allows individuals to access liquidity without losing their long-term exposure to bitcoin’s price appreciation.Announcing Strike LendingYou shouldn’t have to sell the best-performing asset in human history to access cash. Now you don't have to.Access your bitcoin wealth without selling it. Build a better life on top of bitcoin with @Strike.Borrow fiat. HODL #bitcoin. pic.twitter.com/t3SqVeu8fq— Jack Mallers (@jackmallers) May 6, 2025The loans range from $75,000 to $2,000,000, offering flexible terms of up to 12 months. Interest rates start at 12% APR, and Strike proudly offers these loans with no origination fees, making the service more attractive compared to many traditional lending options.This launch reflects a growing trend among long-term bitcoin holders. According to blockchain data from April 2025, 63% of bitcoin supply hasn’t moved in over a year, signaling strong conviction among holders. On Strike, more than 90% of bitcoin purchased is withdrawn to cold storage, showing that users tend to view bitcoin as a long-term investment rather than a short-term trade. Many of these holders are unwilling to sell their bitcoin due to its strong performance history, and now, with Strike’s new loan offering, they won’t need to.Strike is also introducing bitcoin-backed loans for businesses, with amounts ranging from $10,000 to $2,000,000. Business owners will benefit from the same competitive rates, flexible terms, and straightforward application process. This move opens up new opportunities for small and medium-sized enterprises to obtain working capital without needing to liquidate bitcoin held on their balance sheets.In addition, Strike offers flexible repayment options—borrowers can repay monthly or make a lump-sum payment at maturity. Users can also adjust their loan-to-value (LTV) ratio by adding more collateral if needed, reducing the risk of liquidation during volatile market conditions.The process is both simple and secure. Borrowers post bitcoin as collateral, receive cash in their accounts, and manage the loan entirely through the Strike app. Once the full loan amount, along with any accrued interest, is repaid, the bitcoin is safely returned to the user. There are no credit checks, no long approval processes, and no taxable events triggered by selling assets.By offering this new loan service, Strike is attempting to help expand the financial utility of bitcoin. It brings modern financial tools—typically reserved for traditional assets like real estate or stocks—into the world of Bitcoin. The company has partnered with vetted third-party capital providers to ensure secure custody and smooth loan execution. This post Jack Maller’s Strike Launches Bitcoin-Backed Loans for Eligible U.S. Customers first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
You may also like

Key Market Information Discrepancy on March 9th - A Must-Read! | Alpha Morning Report
1. Top News: Bitcoin Resumes Downtrend as Oil Price Surge Triggers Safe-Haven Rush
2. Token Unlock: $MOVE

Claude skill documentation spam, Polymarket trading volume surpasses Kalshi, what is the English community talking about today?
What Have Foreigners Been Most Interested in the Past 24 Hours?

Gulf Oil Crisis is Here
The Suez Canal Blockage has triggered an unprecedented energy crisis, reaching a level of escalation far beyond what all parties had previously anticipated.

Oil Surges, What's the Next Target?
Silicon is replacing oil as the new strategic resource

ETHDenver 2026 Observation: Side Events Cut in Half, AI Explosion, Builders Seeking New Paradigms
ETH Denver 2026 Observation: The number of side events plummeted by 68%, revealing cost-cutting in the industry. AI has completely "invaded" the venue, hackathon prizes have shrunk but are still supported by the resilience of developers, creating an AI×Crypto experimental field.

Crypto ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $568 million; the net inflow for Ethereum spot ETFs in the U.S. was $23.5 million
Nasdaq lifts all restrictions on Bitcoin ETFs, providing unlimited access.

WEEX x LALIGA: The Partnership Bringing Crypto and Spanish Football Together
WEEX becomes official crypto exchange partner of LALIGA in Hong Kong and Taiwan. Discover how football and trading share values of discipline, strategy, and excellence.

WEEX x LALIGA Partnership: Where Crypto Trading Meets Elite Football
Discover the WEEX LALIGA partnership—where crypto exchange meets elite football. Follow LALIGA matches, updates, and trading insights for the 2025-26 season.

The craziest Ethereum L2: L2 built by AI agents spontaneously organizing
This idea seems crazy, but it is not impossible.

Pantera Capital: How has Crypto as a Service affected us?
If you are planning to start a business in 2026, my advice is simple: Instead of just talking about technology, focus more on how you can solve real-world problems.

Pantera Capital: What changes have we made when crypto is treated as a service?
If you are planning to start a business in 2026, my advice is simple: stop talking excessively about technology and focus more on the actual problems you can solve.

Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious
"The Ethereum token economic model has collapsed, wake up and see this clearly."

Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?
Equity tokens represent the next challenge: can tokenization expand from payments to ownership of financial assets?

CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX
A large-scale capital migration driven by platforms such as Hyperliquid towards decentralized infrastructure from centralization.

a16z: The Real Opportunity of Stablecoins Lies Not in Disruption but in Filling Gaps
The opportunity for stablecoins lies with those merchants that have yet to emerge.

Mining Exodus: Someone Holds $12.8 Billion AI Order
Mining Farms are Turning to AI Hashpower with no Turning Back.

March 6 Market Key Intelligence, How Much Did You Miss?
1. On-chain Funds: $16.3M USD has flowed into the OP Mainnet today; $13.7M USD has flowed out of Arbitrum
2. Largest Price Swings: $XPT, $AIX
3. Top News: Vitalik Calls on Ethereum Community to Shift Mindset, Uphold Core Principles, and Rethink Application Design "From Scratch"

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
The stablecoin opportunity lies with those merchants yet to come onboard.
Key Market Information Discrepancy on March 9th - A Must-Read! | Alpha Morning Report
1. Top News: Bitcoin Resumes Downtrend as Oil Price Surge Triggers Safe-Haven Rush
2. Token Unlock: $MOVE
Claude skill documentation spam, Polymarket trading volume surpasses Kalshi, what is the English community talking about today?
What Have Foreigners Been Most Interested in the Past 24 Hours?
Gulf Oil Crisis is Here
The Suez Canal Blockage has triggered an unprecedented energy crisis, reaching a level of escalation far beyond what all parties had previously anticipated.
Oil Surges, What's the Next Target?
Silicon is replacing oil as the new strategic resource
ETHDenver 2026 Observation: Side Events Cut in Half, AI Explosion, Builders Seeking New Paradigms
ETH Denver 2026 Observation: The number of side events plummeted by 68%, revealing cost-cutting in the industry. AI has completely "invaded" the venue, hackathon prizes have shrunk but are still supported by the resilience of developers, creating an AI×Crypto experimental field.
Crypto ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $568 million; the net inflow for Ethereum spot ETFs in the U.S. was $23.5 million
Nasdaq lifts all restrictions on Bitcoin ETFs, providing unlimited access.