Strike Introduces Bitcoin-Backed Lending

The developers of the payment application Strike have introduced a “HODL-lending” option, allowing users to obtain loans secured by the leading cryptocurrency.

Announcing Strike Lending

You shouldn’t have to sell the best-performing asset in human history to access cash. Now you don’t have to.

Access your bitcoin wealth without selling it. Build a better life on top of bitcoin with @Strike.

Borrow fiat. HODL #bitcoin. pic.twitter.com/t3SqVeu8fq

— Jack Mallers (@jackmallers) May 6, 2025

“You shouldn’t have to sell the best-performing asset in human history to access cash. Now you don’t have to,” wrote Strike CEO Jack Mallers.

The lending feature will initially launch in select regions of the United States before expanding to international markets.

“If the leading cryptocurrency continues to grow faster than your borrowing costs, the asset’s growth will outpace the increase in debt. In other words, the profit from holding bitcoin can more than cover the interest on the loan,” the company head emphasized.

The new option is available to both individuals and businesses.

Earlier, Mallers expressed confidence that the leading cryptocurrency surpasses gold due to its limited issuance and decentralization.

According to him, the finite supply and predictable, unchangeable issuance give bitcoin an advantage over other currencies.