Jack Malells launched Strike's Volatile Bitcoin Mortgage, saying it wouldn't fall because of the price. Strong Ping

On 8 July, a new bitcoin mortgage product was launched by Strike, founded by Jack Millers, to avoid mandatory liquidation triggered by BTC price declines. Strike states that as long as the borrower repays on time, no matter how deep the price of a bitcoin falls, the collateraled BTC will not be moved or liquidated. Mallers indicated on X that there was no additional bond requirement for the product and no price-based clearing mechanism, and that users could borrow in United States dollars while continuing to hold bitcoin. He argued that fluctuations were inevitable, but liquidation was not inevitable. Strike states that the new loan product eliminates price-trigger actions linked to the LTV, so that borrowers do not have to worry about the BTC price decline leading to automatic liquidation. As long as interest and due payments remain normal, the collateral will remain intact。