{"id":23804,"date":"2025-05-08T19:35:00","date_gmt":"2025-05-08T16:35:00","guid":{"rendered":"https:\/\/forklog.com\/en\/strike-introduces-bitcoin-backed-lending\/"},"modified":"2025-05-08T19:35:00","modified_gmt":"2025-05-08T16:35:00","slug":"strike-introduces-bitcoin-backed-lending","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/strike-introduces-bitcoin-backed-lending\/","title":{"rendered":"Strike Introduces Bitcoin-Backed Lending"},"content":{"rendered":"<p>The developers of the payment application Strike have introduced a &#8220;HODL-lending&#8221; option, allowing users to obtain loans secured by the leading cryptocurrency.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Announcing Strike Lending<\/p>\n<p>You shouldn\u2019t have to sell the best-performing asset in human history to access cash. Now you don&#8217;t have to.<\/p>\n<p>Access your bitcoin wealth without selling it. Build a better life on top of bitcoin with <a href=\"https:\/\/twitter.com\/Strike?ref_src=twsrc%5Etfw\">@Strike<\/a>.<\/p>\n<p>Borrow fiat. HODL <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a>. <a href=\"https:\/\/t.co\/t3SqVeu8fq\">pic.twitter.com\/t3SqVeu8fq<\/a><\/p>\n<p>\u2014 Jack Mallers (@jackmallers) <a href=\"https:\/\/twitter.com\/jackmallers\/status\/1919774506261909705?ref_src=twsrc%5Etfw\">May 6, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;You shouldn\u2019t have to sell the best-performing asset in human history to access cash. Now you don&#8217;t have to,&#8221; wrote Strike CEO Jack Mallers.<\/cite><\/p><\/blockquote>\n<p>The lending feature will initially launch in select regions of the United States before expanding to international markets.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;If the leading cryptocurrency continues to grow faster than your borrowing costs, the asset&#8217;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,&#8221; the company head emphasized.<\/cite><\/p><\/blockquote>\n<p>The new option is available to both individuals and businesses.<\/p>\n<p>Earlier, Mallers expressed confidence that <a href=\"https:\/\/forklog.com\/en\/news\/bitcoins-edge-over-gold-decentralization-and-limited-supply\">the leading cryptocurrency surpasses gold<\/a> due to its limited issuance and decentralization.<\/p>\n<p>According to him, the finite supply and predictable, unchangeable issuance give bitcoin an advantage over other currencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The developers of the payment application Strike have introduced a &#8220;HODL-lending&#8221; option, allowing users to obtain loans secured by the leading cryptocurrency.<\/p>\n","protected":false},"author":1,"featured_media":23803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1097,1804],"class_list":["post-23804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-lending","tag-strike"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23804"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23803"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}