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jack mallers

To be clear, I am the CEO of Strike. I will lead both companies.

At Strike, we will continue building #Bitcoin 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 #Bitcoin standard. We hold almost all of our balance sheet in #bitcoin and sweep all of our cash flow into our #bitcoin treasury.

We’re just getting started at @Strike 🫡🚀

https://youtu.be/w6FEKDrlLH4

Luke 8mo ago

Great to hear! I also saw Bitcoin Archive's tweet about how you said Strike will "launch Bitcoin-backed lending "within days."" Can you confirm this offering?

If true, the timing of this screams that it is the income from Strike's lending program that will grow XXI's BPS. Is that indeed the main source of income for growing XXI shares?

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