Yes, eligible businesses in select U.S. states can open a bitcoin-backed loan within the Strike app. Bitcoin-backed loans let your business access cash liquidity by posting bitcoin as secure collateral, to be returned upon successful completion of the loan.

Learn more about bitcoin-backed loans.

What rates and terms are available for businesses?

Bitcoin-backed loans for businesses are available with market leading terms:

• Loan term: 12-months
• Loan amount: Minimum $10,000*, maximum $2,000,000
• Interest rate: Starting at 12% APR**
• Loan types:
  • Monthly Payments: Interest paid monthly, principal repaid at maturity
  • Payment at Maturity: Principal and interest repaid in a single payment at maturity
• Maximum initial LTV: 50%
• Origination fee: 0%
• Early repayment fee: 0%

* Minimum loan amounts may vary by state.
** Payment at Maturity loans have an effective interest rate of 13% APR due to the monthly compounding effect on the deferred interest payments.

Please note, bitcoin-backed loans from Strike are not reported to credit agencies and do not affect your credit score. Currently, opening and managing a loan is only available in the Strike mobile app.