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 On Strike, more than 90% of bitcoin purchased is withdrawn to cold storage, showing that users tend to view bitcoin as a long-term investment rather than a short-term trade.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

Trading Never Sleeps: On-Chain, Crude Oil, and Leverage
The prices in this window are determined by emotions, amplified by leverage, driven by the narrative of war—rather than by the supply and demand of crude oil.

On-chain Yield Panorama: The Evolution from Interest-bearing Stablecoins to Crypto Credit Products
In a bear market, investors tend to prefer more stable returns and lower underlying risks, which has driven the growth of interest-bearing stablecoins.

RootData announced the integration with OpenClaw, and these gameplay features have gone viral
In the era of AI Agents, the value of data lies not in "ownership," but in "connection."

Key Market Intelligence on March 9th, how much did you miss out on?
1. On-chain Funds: $221M flowed into Hyperliquid last week; $186.7M flowed out of Arbitrum
2. Largest Price Swings: $DENT, $UAI
3. Top News: Middle East Conflict Sparks Stagflation Trading, Global Stock Markets Shed Around $6 Trillion

a16z: After AI Superpowers, Where to Next for Humanity?
Cryptocurrency will become the cornerstone of trust in this new era.

Why Does Oil Go Up When Bitcoin Goes Down?
The Impact of Middle Eastern Oil on Bitcoin Price

Decoding 112,000 Polymarket Addresses: The Top 1% Making Money Are Doing These Five Things
Those loss-making addresses are not stupid, just lacking discipline — too many markets involved, overexposure, excessive FOMO, and hardly any post-mortem.

AAVE founder issues a warning: DeFi must never become the exit liquidity for Wall Street private credit
In order for RWA to succeed in DeFi and for DeFi to achieve meaningful scale expansion through real-world assets, the entire industry needs to thoughtfully and cautiously build opportunities that connect TradFi (traditional finance) and on-chain markets.
How To Create A Frequency So Strong It Makes Reality Obey You
The first-ever WEEX AI Hackathon has concluded, with 10 winners emerging from over 200 global teams. Beyond its $1.8 million prize pool, the event marked a milestone—proving that the future of AI trading belongs to accessible, AI-powered innovation.

The cryptocurrency industry has waited for five and a half years, and what they got is half a ticket
The hand that opens this door is not the rule, but the direction of the wind.

The trend of Ethena reveals what information about the cryptocurrency market
Through Ethena's data insights: the collective hedging and self-protection of VCs and project parties is leading the crypto market into an extreme risk-averse moment of "complete balance between bulls and bears" for the first time in history.

I've been in the crypto industry for five and a half years, and all I got was half a ticket.
The hand that opens this door is not a rule, but a wind.

Crude Oil Surges 25%, Hyperliquid Unfolds On-Chain Showdown
Hyperliquid users now need to keep an eye on the latest developments in the Iran Hormuz Strait, while a DeFi OG is using on-chain derivatives to hedge against war risk.

$20 Billion Valuation, Is Kalshi Engaging in an Arms Race with Polymarket?
US-Iran Conflict + World Cup + Eve of Elections, Predicts Market Key Data Points to Reach New All-Time Highs in 2026.

Will Not Messing with OpenClaw Lead to Obsolescence in the AI Era? | Lobster Fuss Summit
Amazon Web Services On-Site Guidance to Deploy OpenClaw, Low-Cost and User-Friendly

Anticipating the Market's New Challenge to Political Elections
The next US presidential election will depend on the prediction markets

The Shadow Business Empire of Iran's New Supreme Leader: Oil, Real Estate, and Financial Intrigue
From political and military influence to shaping the financial network, Mujataba has secretly laid the groundwork to assume the ultimate leadership position.

Next-Generation Software Built for Trillion-Agent Scale
When the Agent becomes a key user of the software, software design, infrastructure, and business model will all change accordingly
Trading Never Sleeps: On-Chain, Crude Oil, and Leverage
The prices in this window are determined by emotions, amplified by leverage, driven by the narrative of war—rather than by the supply and demand of crude oil.
On-chain Yield Panorama: The Evolution from Interest-bearing Stablecoins to Crypto Credit Products
In a bear market, investors tend to prefer more stable returns and lower underlying risks, which has driven the growth of interest-bearing stablecoins.
RootData announced the integration with OpenClaw, and these gameplay features have gone viral
In the era of AI Agents, the value of data lies not in "ownership," but in "connection."
Key Market Intelligence on March 9th, how much did you miss out on?
1. On-chain Funds: $221M flowed into Hyperliquid last week; $186.7M flowed out of Arbitrum
2. Largest Price Swings: $DENT, $UAI
3. Top News: Middle East Conflict Sparks Stagflation Trading, Global Stock Markets Shed Around $6 Trillion
a16z: After AI Superpowers, Where to Next for Humanity?
Cryptocurrency will become the cornerstone of trust in this new era.
Why Does Oil Go Up When Bitcoin Goes Down?
The Impact of Middle Eastern Oil on Bitcoin Price