Strike Review: 2026 Bitcoin Loan Comparison
Rate data verified August 9, 2026 · Verified daily
Bitcoin-only loans with no origination fee. Collateral held by Strike or capital partners in segregated wallets, no named third-party qualified custodian. Proof-of-reserves published. $2.1B credit facility with Tether.
Your Strike rate
BTC $65,188 · liveEstimate only, at BTC $65,188. No credit pull · Confirm live terms with Strike.
What you pay, by loan size
| Loan size | APR |
|---|---|
| $10,000 – $250,000 | 11.0% |
| $250,000 – $5,000,000 | 10.5% |
| $5,000,000 and above | 7.75% |
Key facts
- No origination fee
- Proof-of-reserves for collateral
- $2.1B credit facility with Tether (2026)
- Volatility-proof loan structure (announced 2026)
- Bitcoin-only
Refinancing
Strike markets refinancing as a feature: you can roll into a new 12-month loan at Strike's current rate at no cost, with no origination, prepayment, or liquidation fees. You can also hold up to five loans at once, increase your line, or withdraw excess collateral.
How Strike compares at $100K
| Lender | APR | Max LTV | Rehypothecation | Cure window |
|---|---|---|---|---|
| Strike | 11.02% | 50% | No | Yes |
| Arch (Standard) | 10.49% | 60% | No | Yes |
| Ledn | 11.49% | 50% | No | None stated |
| CoinRabbit | 16.8% | 90% | No | None stated |
For illustrative purposes only. APRs shown are modelled on the same scenario for every lender, a $100,000 loan at 50% LTV, and include origination fees where a lender charges them. They are not quotes, offers, or approvals, and your actual rate depends on loan size, LTV, state, and each lender's underwriting. Rates and terms change without notice. See our full disclosures and verify current terms with each lender before applying. Full disclosures →
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Read article →Bitcoin Loan Rates June 2026: Where APRs Stand and How to Compare Lenders
Current Bitcoin-backed loan rates for June 2026: the average all-in APR at $100k and 50% LTV across US lenders, plus how borrowing more or at a lower LTV changes your rate.
Read article →Head-to-head comparisons
Or build any head-to-head comparison from the full lender list.
Frequently asked
Is Strike safe to borrow against Bitcoin?
Strike has been operating since 2017. Your collateral is handled via lender-held pool. Strike does not rehypothecate your Bitcoin. Insurance coverage: Not publicly posted. As with any Bitcoin-backed loan, review the custody model, liquidation thresholds, and loan terms carefully before borrowing.
What rates does Strike charge?
Strike charges 7.75%–11.25% APR. No origination/prepayment/liquidation fees. Two products, 50% max LTV, slider $10K-$5M. Monthly-payment product (APR > nominal rate due to monthly compounding): $5M = 7.75% APR (7.49% nominal), $10K = 11.02% APR. Pay-at-maturity product: $5M = 8.75% APR, $10K = 11.25% APR (highest). Marketing floor 'starting at 7.75% APR'. Verified via browser (strike.me/lending) 2026-07-05. There is no origination fee.
Does Strike rehypothecate my Bitcoin?
No, Strike does not rehypothecate your Bitcoin. Your collateral is held via lender-held pool and is not re-lent to other parties.
What states does Strike serve?
Strike is available in Most states (not DE, HI, MD). Not available in: DE, HI, MD Always confirm current availability directly with Strike before applying, as state coverage can change.
How fast does Strike fund loans?
Strike typically funds loans instantly once approved. Loan terms: 12-month fixed-term loan. Separate line-of-credit product also available (revolving, no maturity date).. Actual timing may vary based on verification requirements and your specific situation.
What fees does Strike charge?
Known fees include: no origination fee; No origination fee; No prepayment penalty. Full closure permitted after 61 days. Cash repayments free; BTC collateral repayment incurs 0.79% processing fee (state-dependent).. Always request a full fee disclosure from Strike before signing any loan agreement.
How does Strike compare to other Bitcoin loan lenders?
To see Strike side-by-side with every other major Bitcoin loan lender, rates, custody model, LTV, and more, use the free comparison tool at borrowonbitcoin.com. You can sort by APR, LTV, funding speed, or custody model and filter to your state.
Bitcoin loans by state
Which lenders operate where, plus the sell-vs-borrow tax angle for your state: