Strategic Acquisitions Inc (OTC: STQN) is a financial technology company that originates U.S. dollar-denominated loans collateralized by digital assets, operating through its subsidiary Exworth Union, acquired on December 22, 2022. Revenue is intended to come from interest income and transaction-based service fees on digital asset-backed loans, though the company has generated only minimal revenue as of the fiscal year ended December 31, 2025. All lending activity occurs outside the United States, targeting small businesses and individuals who hold digital currencies, primarily Bitcoin, and seek liquidity. The company has not begun development of its proprietary software platform due to lack of funding as of December 31, 2025, carries an accumulated deficit, generates negative cash flow from operations, and its auditor has issued a going-concern qualification. Strategic Acquisitions has stated an intention to acquire an operating company in the fintech space but has no committed external funding source.

Revenue model

Interest income and transaction-based service fees on digital asset-backed loans originated through Exworth Union. As of fiscal year ended December 31, 2025, revenue remains minimal and the company has a limited customer base.

Products and services

Digital asset-backed term loans collateralized with Bitcoin, offered to small businesses and individual borrowers. A proprietary software platform to originate and service these loans is planned but had not begun development as of December 31, 2025.

Customers and end markets

Small businesses and individual borrowers who hold digital assets, primarily Bitcoin, and seek U.S. dollar liquidity. Customer base is described as limited as of the fiscal year ended December 31, 2025.

Value-chain role

Direct lender and loan servicer in the digital asset-backed lending segment, operating outside the United States. The company depends on technology systems for transaction processing and customer service.

Geographic exposure

All lending operations are conducted outside the United States, per the 10-K filed April 6, 2026.

Source: SEC 10-K, filed 2026-04-06

Industry: Finance Services