Woofun AI reports that Strike, founded by Jack Mallers, has launched a new Bitcoin-backed mortgage loan product designed to prevent forced liquidation triggered by declines in BTC price. The company states that as long as borrowers make timely repayments, the collateralized BTC will not be moved or liquidated, regardless of how deep the Bitcoin price drops.

Mallers noted on X that the product features no margin call requirements and no price-based liquidation mechanism, allowing users to borrow US dollars while continuing to hold their Bitcoin. Strike emphasized that the new loan product eliminates price-triggered actions linked to the loan-to-value (LTV) ratio, ensuring collateral remains untouched as long as interest and due payments remain current.