Ten months ago, we launched Bitcoin-backed loans. Since then, thousands of customers across 27 countries have unlocked hundreds of millions of dollars without selling their bitcoin holdings.

A 12-month loan can be a powerful financial tool on its own, but we kept building to provide you with even more options. On October 22, 2025, our CEO teased future plans.

The response was immediate. You told us exactly how this product would let you finally live on a Bitcoin standard.

We turned that excitement into a live product in just four months. Today, we’re starting the rollout for individuals and businesses in Georgia and Massachusetts, with more US states to follow.

Update: As of March 13, 2026, the bitcoin-backed line of credit is also available to businesses in 43 US states. As of March 19, 2026, it’s also available to consumers in 21 US states and territories. Check our FAQ for the latest availability.

The principles behind bitcoin-backed borrowing

Our existing loans and the new line of credit share the same core DNA:

• You keep your potential upside while unlocking cash now. You avoid the possible regret of selling an asset you want to hold long-term.
• You preserve your unrealized gains because borrowing against bitcoin is typically not a taxable event (though involuntary liquidations and payments from your bitcoin balance may be).
• There are no credit checks, no invasive paperwork, and no long waiting periods.
• You open your fixed-term loan or line of credit in seconds and can get funded quickly.
• The pricing is transparent. There are no origination fees, prepayment fees, or liquidation fees. The only cost is interest at a clear Annual Percentage Rate (APR).
• We hold your collateral or transfer it to our capital providers with no further rehypothecation. Your bitcoin is never lent out. You get your bitcoin back quickly after full repayment.

Similar to fixed-term loans, the line of credit has a maximum initial loan-to-value (LTV) ratio of 50%. You can overcollateralize as much as you want while opening, and you can add collateral at any time. You get alerts if your collateral value falls below the warning threshold. You have 72 hours to cure margin calls and avoid liquidations.

The difference is that a fixed-term loan is a one-time decision. You decide in advance how much to borrow and commit to paying it back or refinancing within a year. It works well for large, planned expenses, but financial needs don't always arrive in 12-month blocks.

While you can repay at any time with no penalty and close loans opened for 61 days or longer, we wanted to provide more flexibility. Sometimes you need smaller cash amounts for an indefinite period, or you simply don’t want a due date. That's where the bitcoin-backed line of credit shines.

What makes the line of credit different

The line of credit gives you on-demand access to a bitcoin-backed credit limit you can draw from at any time. You don't need to estimate your spending months ahead. You draw just the amount you need, whenever life demands it.

Interest starts accruing the moment you draw on your credit line, not when you open your line of credit. If you only draw $100 from a $3,500 credit line, you only pay interest on $100.

You settle interest monthly, but there is no due date on the principal. You can keep the funds for weeks or years. Repay the principal whenever you decide to.

One line of credit covers all your day-to-day financial needs. You can increase your credit limit when the bitcoin price rises or when you add collateral.

Live on bitcoin with a line of credit

As Gresham’s Law states, ”bad money drives out good”. The dollar is inflationary, and bitcoin is designed to be deflationary, so you spend abundance and preserve scarcity. Still, you don’t have to keep a dollar reserve for spending. You can live short dollars, and leverage your bitcoin-backed line of credit whenever you need to spend cash.

Pay bills with your line of credit

You now can pay your mortgage, credit card, and utilities through Strike without holding idle cash or having to sell bitcoin. With the line of credit, the exact amount owed is drawn to your cash balance and used to pay the bill. You stay short dollars and only borrow what you owe.

Withdraw cash using your line of credit

You can transfer to your bank either from your cash balance or from your credit line. Draw exactly the amount you need to withdraw, nothing more, nothing less.

Send cash using your line of credit

You can draw from your credit line to your cash balance and then send cash to friends or family who also use Strike.

Buy bitcoin

You can also draw from your credit line to your cash balance and use those funds to buy bitcoin.

Pay interest and repay principal automatically

You can automate monthly interest payments from your cash balance or a linked bank account. You can also configure your paycheck direct deposits to automatically pay down your principal balance.

Open your Bitcoin-backed line of credit

In 1912, J.P. Morgan stated in his testimony before Congress: ”Gold is money. Everything else is credit.“ In 2022, Michael Saylor popularized an updated version: ”Bitcoin is money. Everything else is credit.“ Today, we're making that vision more practical than ever.

The Bitcoin-backed Line of Credit launched for consumers and businesses in Georgia and Massachusetts. As of March 13, 2026, it’s also available to businesses in 43 US states. As of March 19, 2026, it’s available to consumers in 21 US states and territories. There’s no minimum draw amount, and you only pay interest on what you draw.

If you’re an individual in another US state, keep using Strike, and we’ll notify you as soon as the line of credit goes live where you are. We’ll expand across the US and more countries soon. If you have any questions or suggestions, check our Frequently Asked Questions or reach out to our support team.