it is the difference between legal terms and reality
loan collateral is being held securely by strike and liquidity partners, not being used to trade or “generate yield,” but needs to be moved around occasionally for business operations
strike is full reserve with strong bitcoin security practices and is well capitalized with over 1500 bitcoin in their corporate treasury
they will release proper proof of reserves in the next few months
even after that, all custodial products require trust
90% of bitcoin bought on strike is withdrawn to self custody, free dca, free withdrawals
ODELL
npub1qn…w95gx
2025-06-04 13:13:14
in reply to nevent1q…ahwn
Author Public Key
npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gxPublished at
2025-06-04 13:13:14Event JSON
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