Strike CEO Jack Mallers Announces Lending Proof-of-Reserves, Volatility-Proof Loans, and Backs Tether Merger Plan

Strike CEO Jack Mallers announced new lending features including proof-of-reserves and 'volatility-proof' bitcoin-backed loans, secured a $2.1 billion credit facility, and endorsed a merger proposal between Strike, Twenty-One Capital, and Elektron Energy. The merger aims to integrate Bitcoin treasury holdings, mining, and financial services under a single platform.