jack mallers

jack mallers · 3d ago

@jack mallers

Saw some questions about pricing, partners, and future plans for our new -backed lending product at Strike. Recorded a quick video to break it all down, including how we plan to drive rates lower, enable proof-of-reserves, and more. Only the beginning for this industry https://blossom.primal.net/b37d629ec0f71237df4ce8f397879709fabc360caff7809b02850c0adb3f23ca.mp4

jack mallers · 16d ago

@jack mallers

https://m.primal.net/QcsG.png

jack mallers · 17d ago

@jack mallers

To be clear, I am the CEO of Strike. I will lead both companies. At Strike, we will continue building financial services for the world, making Bitcoin more accessible for all. Today, we’re sharing some of our financials for the first time: 2024 Volume: $6B+ YOY Growth: 600% Gross Profit Margin: 85% Customer Acquisition Cost (CAC): $0 Largest Customer Cohort: $50K-$500K/month Profitability Statement: We expect to generate 8-9 figures in net profit in 2025 with just ~75 full-time employees Strike is lean, profitable, and growing. Strike operates on a standard. We hold almost all of our balance sheet in and sweep all of our cash flow into our treasury. We’re just getting started at @Strike 🫡🚀 https://youtu.be/w6FEKDrlLH4