Newmarket Capital has closed its first deal under the new Battery Finance loan strategy, which allows borrowers to use Bitcoin as collateral for long-term financing. On November 7, 2024, the company refinanced the Bank Street Court apartment in Philadelphia, PA, with collateral comprising the building and 20 bitcoins. CEO Andrew Hohns highlighted the symbolic nature of the deal, as the property is near the First Bank of the United States. The strategy enables institutional portfolios and Bitcoin holders to secure stable financing while maintaining Bitcoin investments.

Imagine leveraging Bitcoin to finance commercial real estate acquisitions in Gainesville, Florida. Using this strategy, investors could use Bitcoin as collateral to secure long-term financing for prime Gainesville, Florida properties, such as multi-family, retail centers, and medical office buildings. This allows Bitcoin holders to tap into their crypto assets’ value without selling them, enabling them to acquire income-generating properties while benefiting from potential Bitcoin appreciation. Such a strategy could attract tech-savvy investors and entrepreneurs seeking to diversify into real estate while preserving their cryptocurrency.