Bitcoin News said on X that BTCNow has launched a Bitcoin installment purchase plan that lets users lock in Bitcoin at the price on the day of purchase and pay in 60 fixed monthly installments over five years. According to Odaily, the Bitcoin price will not change with each monthly payment, and the Bitcoin will be held in trust until it is fully paid off.

BitGo will provide custody services. The plan does not include margin calls or forced liquidation if Bitcoin prices fall, and BTCNow plans to expand it across the United States in the coming months.