Steak ‘n Shake to Pay Employees in Bitcoin Amid Sales Surge

2025-12-28 11:33

Steak ‘n Shake, a prominent U.S. fast-food chain, announced it will begin paying its employees in Bitcoin starting May 16, 2025. This initiative is part of a broader strategy to integrate Bitcoin payments globally, which also includes accepting Bitcoin from customers. The company has reported a 15% increase in same-store sales, attributing part of this success to reduced transaction fees, which have been cut by 50% through Bitcoin usage. The adoption of Bitcoin is facilitated by the Lightning Network, enhancing transaction efficiency and speed. Additionally, Steak ‘n Shake has partnered with Fold Holdings Inc. to provide Bitcoin rewards to customers, further incentivizing the use of cryptocurrency in everyday transactions.

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