Strike has launched a new feature called Bitcoin Interest on Cash, offering US users a 3.6% annual percentage yield on cash balances held on the platform. The interest is paid in Bitcoin rather than dollars, with payouts made monthly in satoshis.
The yield accrues daily, though payments only trigger when daily interest exceeds $0.01. There is no minimum or maximum balance requirement to participate. Users must opt in through the Strike app to enable the feature.
How the Feature Works
Strike announced the product on October 6, 2026. Using the company's own example with a Bitcoin price of approximately $85,000, an $8,000 cash balance would generate roughly $288 in annual Bitcoin income, or about 338,824 satoshis.
Custody and Security
Cash balances are held at Cross River Bank and are FDIC-insured up to $250,000 per depositor. Strike operates as a platform layer while the regulated bank holds customer dollars.
Bitcoin holdings are kept on a one-to-one basis in multi-signature cold storage, meaning multiple separate keys are required to move funds. Strike states the Bitcoin is not lent out or rehypothecated.
Broader Product Strategy
The interest feature builds on other products Strike launched earlier in 2026, including expanded Bitcoin-backed lending options. The company keeps these products separate from one another.
The new offering addresses a common practice among Bitcoin holders who maintain dollar reserves for regular expenses like rent and utilities rather than selling Bitcoin for everyday needs.
