FAQ

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Bitcoin-backed loans

Where are bitcoin-backed loans available?

Bitcoin-backed loans are currently available to fully verified users and eligible businesses in select U.S. states. Availability and minimum loan amounts vary by user type and location.

  • Individuals: Must be a resident in a supported state
  • Businesses: Must be registered in a supported state

Loan availability and minimums by state

If your state isn’t listed or no minimum appears, bitcoin-backed loans are not currently available for individuals or businesses in that state.

State Minimum amount (Individuals) Minimum amount (Businesses)
Alabama $10,000
Alaska $26,000
Arizona $11,000 $10,000
Arkansas $10,000 $10,000
Colorado $10,000 $10,000
Connecticut $51,000 $10,000
D.C. $26,000 $10,000
Delaware $10,000
Florida $10,000 $10,000
Georgia $10,000 $10,000
Idaho $10,000
Illinois $41,000 $10,000
Indiana $72,000 $10,000
Iowa $72,000 $10,000
Kansas $10,000 $10,000
Kentucky $16,000 $10,000
Louisiana $10,000 $10,000
Maine $250,000 $10,000
Maryland $26,000 $10,000
Massachusetts $10,000 $10,000
Michigan $10,000
Minnesota $100,000 $10,000
Mississippi $10,000
Missouri $10,000 $10,000
Montana $10,000
Nebraska $10,000 $10,000
New Hampshire $11,000 $10,000
New Jersey $51,000 $10,000
New Mexico $11,000 $10,000
North Carolina $10,000 $10,000
North Dakota $10,000 $10,000
Ohio $10,000
Oklahoma $72,000 $10,000
Oregon $51,000 $10,000
Pennsylvania $26,000 $10,000
Puerto Rico $10,000 $10,000
Rhode Island $10,000
South Carolina $130,000 $10,000
Tennessee $10,000
Texas $10,000
Utah $51,000 $10,000
Virginia $10,000
Washington $10,000
West Virginia $46,000 $10,000
Wisconsin $26,000 $10,000
Wyoming $76,000 $10,000

Don’t see the loan option in your app?

Bitcoin-backed loans are accessible in the Strike mobile app. If you're in a supported state but don't see the "Bitcoin-backed loans" card in your Cash tab:

  • Update your app: Ensure your Strike app is updated to the latest version.
  • Verify your account: Confirm that your Strike account is fully verified.

Stay in the loop

Strike may expand loan availability to more regions in the future. Follow Strike on social media for the latest updates.

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