Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Steak n Shake isn’t just flipping burgers; they’re funneling profits directly into a Strategic Bitcoin Reserve

Steak n Shake isn’t just flipping burgers; they’re funneling profits directly into a Strategic Bitcoin Reserve

CryptoSlateCryptoSlate2025/11/01 05:13
By:Christina Comben

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 became Bitcoin’s fast-food friend

This news isn’t coming out of nowhere. Steak n Shake made waves back in May when it started accepting Bitcoin payments at hundreds of locations across the U.S. and Europe. It was a move that not only cut payment processing costs by half but elevated their steakburgers to cult status among Bitcoiners.

But the announcement of an SBR ups the ante. Every Bitcoin payment received goes straight into the company’s new reserve, doubling down on their belief that Bitcoin is here to stay. Not only is it a payment rail, but a core asset on their balance sheet.​

Sats for stakes: feeding open-source development

For every ‘Bitcoin meal’ sold, Steak n Shake is donating 210 satoshis (sats) to Open Sats Initiative, a nonprofit supporting developers who keep the Bitcoin network humming. That’s more than clever branding; it’s a tangible vote for the long-term security and transparency of the ecosystem. So, every burger not only fills your belly, it helps bankroll the code behind the world’s biggest open-source financial experiment.​

What’s more, eating a Bitcoin Steakburger gets you $5 in free Bitcoin when you sign up through Fold App, with a clear set of instructions printed on your receipt. That tiny onboarding process (buy food, claim sats, join the fold) is true grassroots adoption. It brings new users into Bitcoin, not via FOMO but through something as everyday as lunch.​

Why is this such a big deal?

Fast food chains don’t usually play the role of financial trailblazer. But Steak n Shake isn’t just accepting BTC; they’re holding every satoshi, and reporting a stunning 15% same-store sales jump last quarter, outpacing every competitor in the segment.

Their message? Bitcoin isn’t just for memes and market timing. It’s a community, a technology, and a set of rails for what could be the future of corporate treasury.​ And they’re grateful to the Bitcoin community for turning the restaurant chain’s fortunes around:

“Thank you, Bitcoiners, for helping change the trajectory of Steak n Shake”

When legacy brands like Steak n Shake go all-in on Bitcoin, it’s a sign to other Main Street giants. And with Bitcoin being praised all the way up from the highest office, the window for treating crypto as a “fad” has closed. As Bitwise CEO Hunter Horsley commented:

“Bitcoin is going mainstream.”

So next time you order a Steak n Shake meal, you’re not just biting into a burger. You’re taking a small step into the world of everyday Bitcoin utility, supporting open-source innovation, and maybe even sparking the next wave of corporate Bitcoin adoption.

The post Steak n Shake isn’t just flipping burgers; they’re funneling profits directly into a Strategic Bitcoin Reserve appeared first on CryptoSlate.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Today: Are Bitcoin Futures Indicating a Market Bottom or a Potential Trap for Investors?

- Rare Bitcoin futures signal emerges as open interest drops below $8B and funding rates turn negative, sparking debate about a potential market bottom. - Derivatives experts note this rare alignment of metrics historically precedes crypto market consolidation or reversals, but caution against over-interpretation. - On-chain data shows whale accumulation rising 12% in a month, contrasting with broader market weakness and weak Bitcoin fundamentals. - Analysts warn macroeconomic factors like inflation could

Bitget-RWA2025/11/17 18:02

Druckenmiller’s $77 Million Investment Sparks Momentum in Blockchain Lending, Analysts Raise Their Projections

- Billionaire Stanley Druckenmiller's $77M investment in Figure (FIGR) triggered a 15% stock surge, signaling institutional confidence in its blockchain lending model. - Analysts raised price targets to $55-$56 after Q3 results showed 70% YoY loan growth to $2.5B and 55.4% EBITDA margins, surpassing estimates by 40-200%. - Figure's AI-driven capital-light model and RWA tokenization (e.g., $YLDS stablecoin) are highlighted as growth catalysts, with 60% of loans now via its Connect platform. - Institutional

Bitget-RWA2025/11/17 18:02

Solana Latest Updates: VanEck's Collaboration on a Staked Solana ETF Reflects Growing Institutional Trust in Blockchain's Prospects

- VanEck partners with SOL Strategies for staking in its new Solana ETF (VSOL), enhancing institutional blockchain integration. - SOL Strategies' ISO-certified validators secure $437M+ in assets, chosen for operational expertise and institutional focus. - VSOL offers staking rewards with fee waivers until $1B AUM, reflecting growing demand for Solana-based funds like Bitwise's BSOL. - VanEck's $5.2B digital asset portfolio expands with VSOL, though staking risks and regulatory uncertainties remain for inve

Bitget-RWA2025/11/17 18:02
Solana Latest Updates: VanEck's Collaboration on a Staked Solana ETF Reflects Growing Institutional Trust in Blockchain's Prospects