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 🫡🚀

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jack mallers's avatar jack mallers
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 🫡🚀
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J 8 months ago
🔥🔥🔥 congrats Jack and great news
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J 8 months ago
🔥 congrats Jack and great news
7!AA0's avatar
7!AA0 8 months ago
Very good! 🤝🙌👍
prepare to jibe's avatar
prepare to jibe 8 months ago
In your 21 speech, you spent a fair bit of time defining your lane as being bitcoin native —not a pivot from some other business activity. Not clear why that is an advantage? Are you aiming to market to younger investors? Noticeably absent was any acknowledgement or reference to MSTR. Why not address the elephant?
Emery's avatar
Emery 8 months ago
What a slack job. All you do is say “No” when someone wants to sell bitcoin and “Yes” when they someone wants to buy. Is there an assistant to the CEO job available? I can stand behind you and be your hype man!
hasky's avatar
hasky 8 months ago
congratulations for your new company . 🧡 wishing you , the team and everyone in the ecosystem a good success and prosperity in the near future .
Who holds/custodies Bitcoin? What usually happens when a company custodies Bitcoin?
hasky's avatar
hasky 8 months ago
Sorry just want to say …. Who care ???
₿eTheChain's avatar
₿eTheChain 8 months ago
Let me get a job I’m a hell of a salesman I won’t take no for an answer Maybe’s count as no’s The only Nos I like are in NOSTR
Congrats Jack. It is quite fascinating that people don't understand how someone can be ceo of 2 companies. It happens ALL the time in private and public companies. I have multiple unrelated companies. I am the CEO of all.
Nice bit of simpage going on here:
jack mallers's avatar jack mallers
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 🫡🚀
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Good to see, Jack, keep up the good work. Keep it simple, don't lose sight of what's important, the mission / vision, the long term goals, and your sanity. Take time to make time. Cheers.
Great to hear! I also saw Bitcoin Archive's tweet about how you said Strike will "launch Bitcoin-backed lending "within days."" Can you confirm this offering? If true, the timing of this screams that it is the income from Strike's lending program that will grow XXI's BPS. Is that indeed the main source of income for growing XXI shares? If not, what is the business model that makes XXI's BPS grow?
Goomba Totally's avatar
Goomba Totally 8 months ago
Awesome to see those financials! As a financial geek; I would love to see this information broken down more granularly like how @River presented theirs!