
Strike introduced a new Bitcoin-backed loan product that eliminates forced liquidations caused by Bitcoin price volatility. Borrowers can keep their Bitcoin collateral even if prices fall sharply, but must repay on time or risk losing it. The loans offer up to 45% loan-to-value ratios, six-month terms, and interest rates between 10.7% and 14.2%, higher than Strike's standard loans to cover volatility hedging costs. This product aims to reduce forced selling during market downturns and improve borrower stability amid Bitcoin's frequent price swings.