Bitcoin News
By MikeT
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How the Bitcoin-Backed Home Loan Works. Block Earner allows borrowers to secure up to 50% of a property’s value by placing Bitcoin into…
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Addressing Bitcoin’s Price Volatility. Given Bitcoin's tendency for price swings, Block Earner has set a loan-to-value ratio (LVR) limit…
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Strong Demand from Early Users. Even without finalized lending partnerships, Block Earner says it has seen over AUD$110 million…
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Bridging Crypto with Real-World Finance. This home loan reflects a broader trend in global finance—using digital assets like Bitcoin in…
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A Growing Role in Australia’s Crypto Ecosystem. This move comes at a time when Australia is pushing forward with clearer crypto rules.
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Final Thoughts. Block Earner is reshaping how Australians think about wealth, property, and digital assets.
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Australians can now use Bitcoin to help finance a home without selling their crypto holdings.
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This move creates an alternative path for long-term Bitcoin holders to enter the real estate market while preserving their exposure to digital assets.
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Block Earner allows borrowers to secure up to 50% of a property’s value by placing Bitcoin into secure third-party custody via Fireblocks, a digital asset security firm.
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The structure offers interest-only repayment for up to four years. Users can repay in either crypto or fiat currency, and they’re allowed to exit the agreement early without…
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This format helps borrowers avoid selling their Bitcoin—sidestepping potential capital gains tax—while still gaining access to property ownership.
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If Bitcoin’s price falls and the LVR breaches this limit, borrowers receive a 30-day notice to fix the ratio.
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According to CEO Charlie Karaboga, this mechanism protects the borrower and avoids forced sales of Bitcoin while ensuring the property remains secure.
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Even without finalized lending partnerships, Block Earner says it has seen over AUD$110 million (US$72.4 million) in borrower interest since making the product available.
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James Coombes, co-founder and chief commercial officer, stated that many Australians are financially ready to own property but don’t fit the standard bank lending model.
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