Your bitcoin collateral is held in segregated wallets or accounts by Strike Lending or one of its capital providers, and it is never further rehypothecated. Your bitcoin is never lent out, shorted, or transferred to any other third party.
You can monitor your collateral value at any time from your Loan Center or Line of Credit Center. You can also retrieve collateral under certain conditions. When you close your loan or line of credit, all remaining collateral is returned to your account's bitcoin balance.
Lending Proof of Reserves
Strike Lending publishes the findings of an Agreed-Upon Procedures (AUP) engagement conducted by FGMK LLC, an independent accounting firm, in accordance with AICPA attestation standards.
The firm performs five procedures every quarter to verify the bitcoin collateral held on behalf of US customers. The first report was from December 31, 2025, and the latest covers March 31, 2026. In summary, all five procedures were completed with no exceptions found:
- Loan and collateral balances in Strike Lending's records matched the loan system data
- All bitcoin collateral existed on-chain at segregated addresses held by Strike Lending or its capital providers
- No contractual terms permitted rehypothecation or lending of customer bitcoin
- The aggregate loan-to-value ratio remained within the documented margin call threshold
- Total bitcoin held equaled total customer bitcoin collateral balances
Read past reports:
