Strike Unveils Bitcoin-Backed Loans, Allowing Users to Borrow Cash Against Their BTC Holdings

Strike 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.

Strike, the leading Bitcoin-focused financial services platform, has unveiled one of its most powerful and innovative features yet: bitcoin-backed loans.

Beginning today, eligible users in select U.S. states can now borrow cash against their bitcoin holdings without having to sell any cryptocurrency. This option allows individuals to access liquidity while maintaining their long-term exposure to bitcoin’s price appreciation.

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This launch follows the trend of long-term bitcoin holders, as 63% of the bitcoin supply hasn’t moved in over a year, according to blockchain data from April 2025, showcasing strong conviction among holders. On Strike, more than 90% of bitcoin purchased is withdrawn to cold storage, highlighting that users tend to view bitcoin as a long-term investment rather than a short-term trade.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 performance, and now, they won’t need to.

Strike’s bitcoin-backed loans for individuals range from $75,000 to $2,000,000, with flexible terms of up to 12 months. Interest rates start at 12% APR. These loans are offered with no origination fees, making them more attractive compared to many traditional lending options.

Additionally, 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 designed for simplicity and security. 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 aims to help expand the financial utility of bitcoin, bringing 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.