Strike Launched Bitcoin Interest on Cash Feature
The new feature allows U.S. users to earn a 3.6% APY paid out in Bitcoin on their held cash balances.
Updated on Oct. 6, 2026 in Saving
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Strike has introduced a new interest feature for U.S. customers that offers a 3.6% annual percentage yield on cash balances. Users must manually opt in via the Strike app to begin accruing interest, which is paid out monthly in Bitcoin.
Why it matters
This feature aims to appeal to individuals who maintain cash for daily expenses while seeking exposure to Bitcoin through a unified platform. It bridges the gap between traditional fiat savings and cryptocurrency accumulation by utilizing cash deposits.
The product provides a 3.6% APY on cash balances with no minimum or maximum requirements. Payouts occur monthly, provided the accrued daily interest exceeds the $0.01 threshold.
The players
Strike
Strike is a financial technology company that operates a Bitcoin-centric platform for payments and savings.
Cross River Bank
Cross River Bank is a financial institution that acts as the custodian for user cash deposits.
The details
Cash deposits are held at Cross River Bank and remain eligible for FDIC insurance up to $250,000 per depositor. While interest is paid in Bitcoin, user holdings are kept in multi-signature cold storage, and the company confirmed it does not lend out or rehypothecate user assets.
Timeline
Strike officially launched the Bitcoin Interest on Cash feature on October 6, 2026.
Market Dynamics
This move represents a shift toward integrating cryptocurrency incentives into standard retail banking services. It follows the pattern set by the traditional high-yield savings account model but marks a departure by replacing cash interest payouts with Bitcoin.
Users can now earn a 3.6% annual yield on their liquid cash balances held within the app. Investors should note that while cash is FDIC-insured, the interest payouts received in Bitcoin will fluctuate in value based on market price.
The takeaway
By earning interest in Bitcoin rather than cash, users may benefit from long-term asset appreciation if the value of the digital currency rises. However, the requirement to opt in and the $0.01 daily interest threshold are factors users should track to ensure they qualify for consistent payouts.
Further reading
Learn more about managing your funds in the Saving section.
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Is now a good time for you to earn interest on your cash in Bitcoin?
