Strike

Ask yourself, what has your bitcoin company done for you recently?

We removed a manual step in business onboarding which means faster setup, less friction, and more businesses running on bitcoin sooner. Every improvement we ship gets more businesses running on Bitcoin.

A massive week of shipping at Strike. Lower term lending rates. Lending proof of reserves. Bitcoin Line of Credit live in 15 new states. Send Globally Mexico is back. Faster business onboarding. Here's everything that shipped 🧵

Good morning. Let’s get to work 🫡

@newyorkhodl We have the 60 days as a risk control, but our Support team is more than happy to grant exceptions. Just DM us and we'll take care of it if you need a collateral withdrawal within the first 60 days.

Next thing I found also with @Strike BLOC, I planned on testing this out for a while anyway but once you put up the collateral it’s locked up for 60 days minimum even though I’m not able to actually use the credit with any bills currently.

@rygoose10 @BradCostanzo That's right. Also working on it!

@Strike @BradCostanzo is this the same for Hawaii?

Strike Bitcoin Line of Credit is now available to customers starting at $5k in 15 new states: Alabama, Idaho, Indiana, Iowa, Kansas, Louisiana, Michigan, Missouri, Montana, Nevada, North Dakota, Oklahoma, Rhode Island, Utah, and Wyoming. Keep the bitcoin, spend the BLOC.

@gregvquinn We're more than happy to help! DMing you

@Strike all of a sudden can’t refi my loan in PA?

@brian232134 @newyorkhodl Yes! Something we're absolutely looking at and measuring demand for. Thanks for posting about it

@Strike @newyorkhodl are you guys thinking about giving users the ability to deposit paper checks? @Strike

Ok so far trying to test out @strike BLOC I have not been able to connect any accounts to the account and routing number strike provides. Every bill wants me to sign in to cross river bank where I don’t have a log in. If I make one it will give me a new account I believe.

@JamesFlatlander We're working to bring Maryland back as soon as possible. When we come back, it will be both for BLOC and termed loans for consumers.

@Strike Why was Maryland removed?

@AndrewBurt10230 It depends on the state due to state regulations, but we're always working to lower minimums as much as we can!

@Strike Why is the starting threshold so high? Like loans for 10-20K or something? Only starts at 100K for me.

Strike is becoming the financial backbone for businesses everywhere. Snapshot from this week: - Beachfront hotel - Football club - Hormone therapy clinic - Marketing firm - Express car wash Running a business is hard, saving in hard money isn't. strike.me/business

@BradCostanzo BLOC in California requires a license, which involves a longer timeline to obtain (longer than most other states). We will be very vocal once we're approved!

@Strike why is California so problematic on the persona LOC's for this?

@herucryptov Absolutely, please DM us and we'll be happy to help

@Strike Is there any customer service

@daiteskorosti Our customers love the option to pay the BLOC automatically using their direct deposit! strike.me/faq/how-do-int…

@Strike just saved my stack and pulled cash without selling a single sat this changes everything when auto paydown coming to the app?

The Bitcoin Company. Nakamoto Stage, 6:50pm ET, @TheBitcoinConf