Refinancing is coming soon to Strike’s bitcoin-backed loans.

In the coming months, you’ll be able to refinance your bitcoin-backed loan directly in the Strike app. This means you'll be able to repay your current loan’s principal by opening a new 12-month loan, effectively replacing your loan while using the same posted collateral.

Refinancing will be available if your loan is more than 60 days old and your LTV is 50% or below. Refinanced loans will be issued at Strike’s latest prevailing rates and terms.

Stay tuned for updates.