A small snapshot of the businesses Strike onboarded this week:
- AI content agency
- Eco-friendly pet training products
- Financial brokerage
- Peanut butter manufacturing
- Real estate consulting
- Tax prep
- Solar
Real businesses, with real revenue, saving in hard money.
CPI is running 4.2% and the Fed's target is 2%. They have missed it for 5 straight years.
If your job missed its target by 110% for 5 years, you'd be fired. They got reappointed.
This is why you save in bitcoin.
Building through volatility is how we keep showing up for Bitcoiners.
Last week we shipped: Lower lending minimums in Wisconsin and Minnesota, quick-action bitcoin buys for iPhone, dashboard activity parity and target orders, and anti-phishing codes on every email.
A thread 🧵
Nothing matters more than keeping your bitcoin safe.
Every Strike email now carries a personal anti-phishing code.
Check it against the one in your security settings. If it's missing or doesn't match, the email isn't from us.
One thing you can always count on is bitcoin's price being volatile.
Another is Strike, week after week, shipping the features and improvements that make it the best place to bank on bitcoin.
What has your bitcoin company done for you recently?
This week Strike onboarded businesses with nothing in common except bitcoin:
- Barbershop
- E-commerce store
- Escape room
- Gutter guard manufacturer
- Home health provider
- Gaming marketing
- Mountain town bar
The bitcoin economy is every economy.
Volatility is here and we're seeing elevated volume and traffic. Strike is fully operational and Bitcoiners are buying the dip.
Buy, sell, borrow, and more. DM us or contact our global support team if you need anything.
We are here to serve Bitcoiners when you need us most! 🫡
Bought another Bitcoin this morning at $61,700
Ignore the news, ignore the doubters, ignore the uninformed, ignore the illiterate, ignore the innumerate
Keep stacking
Bitcoin's volatility is the real test of a lender's margin call policy. Here's how Strike's works:
- 72 hours to resolve a margin call
- 65% recovery threshold
- Partial liquidations
Strike offers all three. Most companies offer none.
Selling bitcoin used to be the only way to access cash. Strike lending changes that.
In Wisconsin, the minimum to borrow against your bitcoin just dropped to $10K on term loans and $5K on Line of Credit.
Keep the bitcoin, spend the fiat.
We care deeply about Bitcoiners. At Strike, there is nothing more important than helping our customers' secure their bitcoin.
This week we shipped an update to our emails that renders email-based phishing attempts completely obsolete.
Anti-phishing codes are now live on Strike.
Every email we send now has a code in the header: a word followed by four numbers, tied to your account.
Nobody else has it.
A real Strike representative will never ask for your email confirmation code, recovery phrase, or anti-phishing code.
Scammers get smarter every year. Your bitcoin company has to get smarter faster or you become the next victim.
Protecting our customers' bitcoin is the most important work we do at Strike.
Don't trust, verify.