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In a groundbreaking move that highlights the growing adoption of cryptocurrency in everyday life, American fast-food chain Steak ‘n Shake has announced the creation of a Bitcoin treasury funded by the very sales derived from its restaurants. This initiative marks a significant step toward integrating Bitcoin into corporate financial strategies and demonstrates expanding acceptance of crypto payments among major brands.
- Steak ‘n Shake has established a Bitcoin treasury funded by sales and Bitcoin payments at its U.S. locations.
- The company donates 210 satoshis per Bitcoin meal sold to OpenSats, supporting Bitcoin open-source development.
- With revenue of $69.3 million in Q2 2025, the fast-food chain is likely accumulating Bitcoin gradually through its business operations.
- A partnership with Fold offers customers $5 in Bitcoin for purchasing the “Bitcoin Meal” or “Bitcoin Steakburger.”
- This move emphasizes mainstream adoption of crypto, bringing Bitcoin into everyday consumer transactions.
American fast-food giant Steak ‘n Shake is making waves in the cryptocurrency world by creating a Bitcoin treasury directly funded through sales, including new Bitcoin payment options at its restaurants. The company’s latest initiative demonstrates how mainstream brands are integrating digital assets into their financial plans and customer engagement strategies, emphasizing Bitcoin’s role in everyday commerce.
In a recent announcement on X, Steak ‘n Shake revealed that all payments received in Bitcoin will be allocated to its strategic Bitcoin reserve. The company also disclosed that for every Bitcoin meal sold, it will donate 210 satoshis — approximately $0.23 — to OpenSats, a nonprofit dedicated to supporting open-source Bitcoin development and contributors to Bitcoin Core.
What’s the Potential Bitcoin Accumulation?
While Steak ‘n Shake has not publicly specified how much of its sales are made in Bitcoin since beginning to accept BTC payments across its U.S. locations in May, industry analysts suggest the company could already be accumulating a noteworthy Bitcoin stash. Using revenue figures, such as its $69.3 million second-quarter revenue — up 12% year-over-year — it’s possible that the company is steadily building its Bitcoin holdings, similar to other firms like MicroStrategy and Tesla.
Despite the modest percentage of Bitcoin payments relative to total sales, the company has experienced a growth in same-store sales, with a 10.7% increase quarter-over-quarter in Q2 and 15% in Q3, partly attributed to Bitcoiners. This indicates a small but expanding customer base embracing crypto, helping the company diversify its revenue streams and benefit from lower transaction fees—saving around 50% compared to credit card processing costs, according to Steak ‘n Shake.
Crypto Payments and Consumer Incentives
Alongside its treasury plans, Steak ‘n Shake has partnered with Fold to incentivize Bitcoin adoption among customers. A limited-time promotion offers $5 in BTC when patrons purchase a “Bitcoin Meal” or “Bitcoin Steakburger” and redeem via the Fold app, aiming to make Bitcoin more accessible and familiar in everyday transactions.
“Bitcoin starts to become mainstream when it appears in daily life,”
said Will Reeves, CEO of Fold. “Our partnership with Steak ’n Shake is a step toward that reality. For many, their first experience with Bitcoin may come from something as simple as ordering a burger. That’s what adoption looks like.”
This initiative is limited to about 400 locations across the United States, marking an exciting shift for how big brands are embracing blockchain technology and digital assets as part of their business models.
As crypto markets evolve, increased acceptance like this signals a broader trend towards integrating cryptocurrency into routine commerce, paving the way for more mainstream adoption and the inclusion of Bitcoin into corporate treasuries.
