Yo! Today, I am beyond pumped to announce a new product that is core to our mission and has been highly requested by our customers: Bill Pay, an easy, automatic way to pay your bills directly from your Strike account with bitcoin or cash. Whether it’s credit card payments, phone bills, or utilities, you can now automatically pay bills with your unique Strike account and routing numbers, and go all in on bitcoin.

We know that many of our customers prefer to store the majority of their wealth in bitcoin, keeping minimal dollars to reduce exposure to currency inflation; but managing everyday expenses in a fiat-dominant world can be complicated. Paying bills often requires selling bitcoin, transferring funds to a bank account, waiting for settlement, and finally making the payment—a time-consuming and costly process.

Bill Pay simplifies this. By automating bill payments, you can hold your wealth in bitcoin and convert to cash only when bills are due. With all necessary tax documents provided, managing fiat obligations becomes seamless, efficient, and on your terms.

A select group of Strike customers have already been piloting Bill Pay, and the feedback has been incredible. Bill Pay is now officially available for all eligible U.S. customers. Learn more.

Story

Today’s financial system is buckling under unsustainable practices. With U.S. national debt surpassing $35 trillion and debt-to-GDP over 120%, these aren't just statistics—they're a warning. As the U.S. dollar weakens under record debt and inflation, everyday Americans are getting robbed of their purchasing power. People are looking for a way out to protect their wealth from fiat's inevitable failure. For the first time in history, we the people have built an alternative: a global, decentralized money that’s scarce, immutable, secure, borderless, and owned by everyone. That alternative is Bitcoin.

As an American millennial, I love our country but I oppose our money. Earlier this year, I announced my decision to go all in on bitcoin and no longer own any U.S. dollars. Why bitcoin? It’s the best expression of fiat debasement. In 2024, bitcoin is up over 100%, outperforming even traditional assets like stocks, gold, and real estate. By living on bitcoin, I’ve been able to live more profitably, essentially buying goods and services at a discount. Many of our customers are on the same path, choosing bitcoin as their primary asset and seeking a trusted partner to help them acquire, manage, and use it.

Since founding Strike, we've been relentlessly focused on being the best at Bitcoin. This means delivering exceptional experiences for buying and selling Bitcoin, DCA, getting paid in bitcoin, withdrawals, payments, and more. With Bill Pay, we’re advancing our mission of Better Money for all and solidifying Strike as the all-in-one platform for Bitcoiners. By offering a comprehensive suite of Bitcoin financial services, we make Bitcoin accessible, reliable, and fully integrated into the broader financial system—empowering people to live on the Bitcoin Standard. Today, we’re excited to continue supporting Bitcoiners on their journey.

Pay Bills Your Way

Use your bitcoin or cash balance to pay bills automatically

Pay your bills directly from Strike with your unique account and routing numbers. Choose either bitcoin or cash as your default payment source, and let your billers automatically pull funds when payments are due.

To get started, tap the Account icon and scroll to Bill Pay:

1. Generate payment details: Your unique Strike account and routing numbers are automatically generated in the app.
2. Set your payment source: Choose cash or bitcoin as your default to pay your bill.
3. Add to your biller: Enter the account and routing numbers into your biller’s platform. The name on your bill must match your Strike account.
4. Automatic payments: Your bills are paid from your default balance when charged by your biller. You can easily switch between bitcoin and cash balances.

Strike uses your available balance to pay bills. Since bank deposits can typically take 3-5 days to complete, ensure that you have sufficient funds to cover any bills while you wait for funds to deposit. Learn more about Bill Pay and how to set it up.

All In On Bitcoin

Stay fiat-free with automatic bitcoin sales only when bills are due

Bill Pay supports the Bitcoin-first lifestyle by enabling you to hold your wealth in bitcoin, converting to cash only when needed to pay bills. It removes friction, fees, and delays. Combined with Get paid in bitcoin, Shop with Lightning, free and automatic bitcoin withdrawals, and more, you can live fiat-free and protect yourself from inflation.

What's more, paying bills with bitcoin counts towards your fee level. This means the more you pay bills with bitcoin, the lower your fees for all bitcoin trading, including buys, sales, recurring purchases, target orders, getting paid in bitcoin, and your other bill payments with bitcoin.

Simplify Taxes

Receive detailed docs during tax season to make filing easy

Paying bills with bitcoin is a taxable event. Strike will provide the necessary tax documents, including summaries of bitcoin sales and bill payments from your bitcoin balance. These will be available in the app during tax season to make filing easy. Learn more.

Wen Bill Pay?

Bill Pay is now officially available for all U.S. customers whose accounts are in good standing, including your account’s deposit history, balances, and status––excluding Hawaii. You can learn more in our FAQ.

Thanks

Thank you to our customers for your continued support and for trusting us to build for you. We’re grateful to be working on Bitcoin and sharing this journey with you.

Challenging the norm takes conviction, courage, and humility. The excitement around Bill Pay has been incredible—it’s a powerful reminder of why we do what we do. Your enthusiasm inspires us to keep building the tools that make living on Bitcoin a reality and push Bitcoin adoption even further.

Please keep sharing your thoughts, asking questions, and reaching out. We love hearing from you, learning about your experiences, and finding ways to make Strike the best it can be.

Until then. Much love.

Jack

Update (12/12/2024): Bill Pay is now rolled out to all eligible customers in the U.S., except Hawaii.