Providers / Strike
Strike
Bitcoin-backed loan + line of credit
Bitcoin-only fixed-term loans and a revolving line of credit for individuals and businesses. Clean fee claims and a published margin path.
Best for: US borrowers who want fixed-term and revolving options with USD proceeds.
Product and eligibility
Product type
Loan + line of credit
Collateral
BTC only
Eligible borrowers
Individuals and businesses with a Strike account in supported states
US availability
Select US states only (product and personal vs business matrices differ)
Custody and counterparty
Custody model
Custodial (qualified)
Custodial with capital providers
Rehypothecation
PoR / audits / insurance
Segregated wallets claimed
Track record
Bitcoin financial platform; lending via Strike Lending / partners
Call, cure, and liquidation
Notice, grace period, partial vs full sale, and fees all differ by provider.
1. Starting LTV
50%
2. Margin call
70% margin call; 65% warning (standard products)
3. Cure window
72 hours after margin call to restore LTV to ≤65%
4. Liquidation
85%
At 50% starting LTV, Bitcoin must fall about 41.2% for LTV to reach 85%.
- Max initial LTV
- 50% standard; 40% volatility-proof
- Liquidation style
- Partial: sell minimum collateral to restore LTV to 65%
- Liquidation fee
- 0%
- Collateral retrieval
- Yes if loan age >60 days, LTV ≤40%, and post-retrieval LTV <50% (not on vol-proof)
Cost and terms
| Rate range | Fixed loan 7.49–11.25% APR (size and payment schedule); LOC currently 13% variable (Prime + margin); vol-proof = standard +2.95% |
|---|---|
| Origination fee | 0% |
| Prepayment fee | 0% |
| Renewal / refinance | 0% refinance fee in supported states (new term at then-current rates) |
| Minimum loan | Personal loan minimum varies by state, $10,000 in most states; LOC from about $3,500; business often from $5,000 |
| Term options | Loan 12 months; volatility-proof 6 months; LOC revolving |
| Liquidation fee | 0% |
| Collateral retrieval | Yes if loan age >60 days, LTV ≤40%, and post-retrieval LTV <50% (not on vol-proof) |
| US availability | Select US states only (product and personal vs business matrices differ) |
| Unique features | Loan + LOC; Bitcoin-only; 0% origination and liquidation fees |
Who this is best for
US borrowers who want fixed-term and revolving options with USD proceeds.
Who should skip
You need collaborative key control or multi-year fixed terms.