Block Earner to Pi...

Block Earner to Pioneer Bitcoin-Backed Home Deposits in Australia

By José Oramas July 17, 2025 In Australia, Bitcoin, Loan

Block Earner is launching a mortgage product letting Australians borrow against their Bitcoin for home deposits without selling assets or incurring capital gains tax.
Borrowers can access up to 50% of a property’s value using BTC held with Fireblocks; loans are interest-only for up to four years with flexible repayment and no early exit penalties.
Early demand tops AU$110M; the launch follows a court win over ASIC, though the regulator is now appealing to the High Court, with a decision expected in August.

One of Australia’s biggest crypto companies, Block Earner, is introducing a new mortgage model that allows Aussies to borrow against their Bitcoin (BTC) to fund property purchases, without having to liquidate assets or trigger capital gains taxes.

How the Loan Works

Under the structure, borrowers can receive up to 50% of a property’s value as a deposit loan by pledging their Bitcoin, which is held in custody with digital asset security firm Fireblocks. The rest of the mortgage is issued by a traditional lender.

The loan is interest-only for up to four years, and repayments can be made in either fiat or crypto. Also, borrowers are allowed to exit the loan early with no penalty.

Regarding volatility, the structure includes a 60% loan-to-value cap on posted Bitcoin, so if the price suffers a drop that breaches that threshold, it triggers the margin calls.

This is a turning point for both property finance and digital assets. Crypto holders shouldn’t have to choose between holding Bitcoin and buying a home.

Charlie Karaboga, Block Earner CEO.

Block Earner also reported that early interest has already exceeded AU$110M in prospective loan demand.

The launch follows a Full Federal Court decision in Block Earner’s favour earlier this year, which ruled that the firm did not need a financial services license to offer its fixed-yield crypto product. That ruling is now being challenged by the Australian Securities and Investments Commission (ASIC), which has applied to the High Court to appeal. A decision on whether that case will proceed is expected in August.