Jack Mallers Announced A New System Of Bitcoin Backed Loans At Strike

The Future of Bitcoin Loans: Strike CEO Jack Mallers Unveils Game-Changing System

During his keynote speech at the 2025 Bitcoin Conference in Las Vegas, Jack Mallers, the Founder and CEO of Strike, made a groundbreaking announcement that sent shockwaves through the cryptocurrency community. Mallers introduced a new system of Bitcoin-backed loans at Strike with interest rates as low as single digits.

Mallers kicked off his presentation by addressing a critical issue that plagues traditional fiat currencies.

“The purchasing power of the dollar has been steadily declining over the years,” Mallers declared. “The inception of the Federal Reserve in 1913 marked the beginning of a constant erosion of the value of our money.”

So, what is the solution to this financial dilemma?

“The answer lies in Bitcoin,” Mallers asserted. “Bitcoin is a decentralized form of currency that cannot be manipulated or devalued by any central authority. It empowers individuals to take control of their financial future and protect their wealth from external interference.”

Emphasizing the importance of holding onto Bitcoin as a long-term investment, Mallers encouraged the audience to embrace the concept of “HODLing” their funds in the cryptocurrency while also advocating for responsible spending.

“While it’s crucial to hold onto your Bitcoin, it’s also important to enjoy the fruits of your labor by spending a portion of it on things that enhance your quality of life,” Mallers advised.

Addressing the exorbitant interest rates imposed by traditional financial institutions on Bitcoin-backed loans, Mallers expressed his dissatisfaction with the current system.

“Charging borrowers double-digit interest rates for loans secured by Bitcoin is unjustifiable,” Mallers argued. “The volatility of Bitcoin has decreased significantly over time, making it a more stable asset than many traditional stocks. It’s time to offer fairer loan terms to those leveraging their Bitcoin holdings as collateral.”

With that in mind, Mallers unveiled Strike’s new loan program, offering interest rates between 9-13% and accommodating loan amounts ranging from $10,000 to $1 billion.

“I urge individuals to exercise caution when taking on debt,” Mallers cautioned. “Debt can be a useful tool when managed responsibly, but it can also lead to financial ruin if mishandled. Treat your debt like fire – harness its power wisely, or risk getting burned.”

In closing, Mallers left the audience with a final piece of advice.

“Life is fleeting, so make the most of it,” Mallers concluded. “With Bitcoin as your financial ally, you have the opportunity to embark on a journey towards a brighter future. Seize the moment and embrace the possibilities that lie ahead.”