Steak ‘n Shake mentioned it added $10 million price of bitcoin to its company treasury this week.
Treasury purchase follows bitcoin funds rollout
The acquisition comes about eight months after the fast-food chain started accepting bitcoin funds in any respect its U.S. places.
Steak ‘n Shake began taking bitcoin in Could final 12 months over the Lightning Community.
Firm cites gross sales carry and charge financial savings
The corporate mentioned the transfer is a part of a “self-reinforcing” cycle wherein clients pay in bitcoin, gross sales rise, and the bitcoin income flows into what it calls its strategic bitcoin reserve.
It mentioned these funds assist pay for upgrades, together with higher components and restaurant remodels, with out elevating menu costs.
The corporate wrote on X:
“Eight months in the past at present, Steak n Shake launched its burger-to-Bitcoin transformation once we began accepting bitcoin funds. Our same-store gross sales have risen dramatically ever since.”
Steak ‘n Shake beforehand mentioned same-store gross sales rose greater than 10% in Q2 2025.
COO Dan Edwards additionally mentioned the agency saves about 50% in processing charges when clients pay in BTC.
Bitcoin branding and donations
In October, the chain launched a Bitcoin-themed burger.
It additionally mentioned it donates a small portion of every Bitcoin Meal to open-source Bitcoin improvement.
The $10 million purchase is roughly 105 BTC at present costs.
