Saw some questions about pricing, partners, and future plans for our new #Bitcoin-backed lending product at Strike.
Recorded a quick video to break it all down, including how we plan to drive rates lower, enable proof-of-reserves, and more. Only the beginning for this industry
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.
bitcoin per share is the future of capital markets
hyperbitcoinization
eat steak. touch grass. hodl bitcoins.
To be clear, I am the CEO of Strike. I will lead both companies.
At Strike, we will continue building #Bitcoin financial services for the world, making Bitcoin more accessible for all.
Today, we’re sharing some of our financials for the first time:
2024 Volume: $6B+
YOY Growth: 600%
Gross Profit Margin: 85%
Customer Acquisition Cost (CAC): $0
Largest Customer Cohort: $50K-$500K/month
Profitability Statement: We expect to generate 8-9 figures in net profit in 2025 with just ~75 full-time employees
Strike is lean, profitable, and growing.
Strike operates on a #Bitcoin standard. We hold almost all of our balance sheet in #bitcoin and sweep all of our cash flow into our #bitcoin treasury.
We’re just getting started at @Strike 🫡🚀
Announcing Twenty One: xxi.money
Twenty One is a #Bitcoin-native company and the ultimate vehicle for capital markets to access #Bitcoin
We intend to leverage capital markets to maximize #Bitcoin ownership per share (BPS) & pioneer #Bitcoin-native financial tools
gm nostr
strike is already issuing millions of dollars worth of bitcoin backed loans a day. haven’t even officially launched the product
🚀🚀🚀
healthy loan 💪
proof of work
fafo
sauna: legit health benefits or overhyped?
ive been doing 3 sessions of 10-15 minutes a day. i enjoy it but curious to hear what the wisdom of the internet has to say
Washington DC, USA
