Steak | Crypto

Steak 'n Shake, an American fast food restaurant company, first began accepting BTC in May and is now expanding its stores to El Salvador. Steak ‘n Shake, a fast food restaurant company in the United States that accepts Bitcoin (BTC), announced on Saturday that it is expanding into El Salvador. “We were honored to be in Bitcoin Country,” the company said in an X post following Steak ‘n Shake's participation in the country’s Bitcoin Histórico event on Wednesday and Thursday. Steak ‘n Shake started accepting BTC for payment at its stores in May, and the company’s chief operations officer, Dan Edwards, told Cointelegraph that the goal is to have BTC accepted at all of the company’s locations worldwide. Read more

Steak n Shake just made fast-food and Bitcoin history. On white paper day, the 91-year-old American fast-food chain announced the creation of a Strategic Bitcoin Reserve (SBR), staking its claim (excuse the pun) as the first major U.S. restaurant chain to funnel all BTC payments straight into a corporate Bitcoin treasury. How Steak n Shake […] The post Steak n Shake isn’t just flipping burgers; they’re funneling profits directly into a Strategic Bitcoin Reserve appeared first on CryptoSlate.

Steak ‘n Shake has launched a Bitcoin treasury, pledging to store all BTC payments from restaurant sales in a strategic reserve. The post Steak ‘n Shake Launches Bitcoin Treasury, Vows to Donate 210 Sats per Meal appeared first on Cryptonews.

The fast-food chain is also donating 210 sats from every Bitcoin meal toward open-source Bitcoin development. American fast-food chain Steak ‘n Shake has announced the formation of a new Bitcoin treasury, built with the Bitcoin made from its restaurants’ sales.  “All payments received in Bitcoin will be placed in our [strategic Bitcoin reserve],” said Steak ‘n Shake in a post on X on Friday, which garnered strong support from the Bitcoin community. The company added that for every Bitcoin meal it sells, 210 sats (around $0.23) will be donated to nonprofit OpenSats, which supports contributors to Bitcoin Core and open source Bitcoin development. Read more

The fast-food chain is also donating 210 sats from every Bitcoin meal toward open-source Bitcoin development. American fast-food chain Steak ‘n Shake has announced the formation of a new Bitcoin (BTC) treasury, built with Bitcoin made from its restaurants’ sales.  “All payments received in Bitcoin will be placed in our [strategic Bitcoin reserve],” said Steak ‘n Shake in a post on X on Friday, which garnered strong support from the Bitcoin community. The company added that for every Bitcoin meal it sells, 210 sats (around $0.23) will be donated to nonprofit OpenSats, which supports contributors to Bitcoin Core and open source Bitcoin development. Read more

Steak 'n Shake has launched a Bitcoin Steakburger to celebrate five months of accepting BTC for menu items like burgers and milkshakes.

Restaurant franchise Steak 'n Shake scrapped plans to accept Ethereum for its burgers and shakes, sticking to Bitcoin following blowback.

Fast food chain Steak ‘n Shake has expanded its payment options to include Bitcoin (BTC) at all of its locations globally, where regulations permit. The rollout, which began on May 16, utilizes the Lightning Network to enable faster and lower-cost transactions. The company’s COO, Dan Edwards, revealed the development on May 27 at the Bitcoin […] The post Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency appeared first on CryptoSlate.

Diners will soon be able to pay for their steaks with satoshis at the American fast food outlet. American fast food outlet Steak ‘n Shake has announced it will begin accepting Bitcoin as payment at all locations starting on May 16. The firm said on X on May 9 that it was making the cryptocurrency available to more than 100 million customers, adding that “the movement is just beginning,” before signing off as “Steaktoshi.”  “Our goal is to utilize Bitcoin at all locations, including all international units. Each country will announce its own launch date,” Steak ‘n Shake Chief Operations Officer Dan Edwards told Cointelegraph. Read more

Steak ‘n Shake hinted at Bitcoin support in March, signaling early interest in crypto adoption before making its full-scale move public.