How Does a Bitcoin Loan Work?

Bitcoin has shown itself among the best-performing assets in the last decade. In 2023, it outperformed the S&P 500, high-yield corporate bonds, and gold, soaring as much as 156 percent in a year.

Today, Bitcoin demand is reaching record highs as the approval of new spot Bitcoin ETFs has created a wave of institutional interest.

Although dubbed a risky and volatile asset, Bitcoin remains a profitable investment, especially for its earliest investors. When it was launched in 2009, it was practically worthless. In 2010, it traded at $0.10.

By 2013, it was hitting highs of $250—a 250,000 percent growth for early investors. Those who invested in 2017 would look at gains of over 6,700…

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