As reported by TheCCPress, U.S. fast-food chain Steak ‘n Shake announced it will begin paying staff in Bitcoin and accepting Bitcoin payments for customers globally starting May 16, 2025. The company reported a 15% increase in same-store sales and reduced transaction fees by 50% through Bitcoin usage. The initiative, part of a broader payment rollout via the Lightning Network, includes a partnership with Fold Holdings Inc. to offer Bitcoin rewards to customers.
Steak ‘n Shake to Pay Staff in Bitcoin, Reports 15% Sales Growth
CCPressShare
Summary
Bitcoin breaking news: U.S. fast-food chain Steak ‘n Shake will start paying staff in Bitcoin and accepting Bitcoin payments globally from May 16, 2025. The company reported a 15% rise in same-store sales and cut transaction fees by 50% using Bitcoin. The move, part of a Lightning Network rollout, includes a partnership with Fold Holdings Inc. to offer Bitcoin rewards to customers.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.