{"id":5301,"date":"2025-10-31T18:16:36","date_gmt":"2025-10-31T18:16:36","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/31\/steak-n-shake-launches-first-ever-strategic-bitcoin-reserve\/"},"modified":"2025-10-31T18:16:36","modified_gmt":"2025-10-31T18:16:36","slug":"steak-n-shake-launches-first-ever-strategic-bitcoin-reserve","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/31\/steak-n-shake-launches-first-ever-strategic-bitcoin-reserve\/","title":{"rendered":"Steak \u2019n Shake Launches First-Ever Strategic Bitcoin Reserve"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/business\/steak-n-shake-launches-bitcoin-reserve\">Steak \u2019n Shake Launches First-Ever Strategic Bitcoin Reserve<\/a><\/p>\n<div><\/div>\n<p>Steak \u2019n Shake is making history as the first major restaurant to establish a Strategic Bitcoin Reserve.\u00a0<\/p>\n<p>All payments received in Bitcoin will now be added to their Strategic Bitcoin Reserve (SBR), marking a fun and major step into <a href=\"https:\/\/bitcoinmagazine.com\/business\/our-allegiance-is-with-bitcoiners-steak-n-shake-scraps-ethereum-payment-idea\">bitcoin adoption<\/a> for the fast-food chain.<\/p>\n<p>As part of the initiative, the company will donate 210 sats from every Bitcoin Meal sold to the Open Sats Initiative, Inc. over the next 12 months.\u00a0<\/p>\n<p>Customers who purchase and <a href=\"https:\/\/bitcoinmagazine.com\/business\/steak-n-shake-partners-with-fold\">register<\/a> their Bitcoin Steakburger through the Fold App will also receive $5 in free Bitcoin, with instructions provided on their receipts.<\/p>\n<p>The move comes on the heels of a strong quarter, with same-store sales up 15% \u2014 outpacing all competitors \u2014 highlighting the growing impact of cryptocurrency engagement on the restaurant\u2019s bottom line.<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p>JUST IN: Fast food giant Steak &#8216;n Shake announces its created a Strategic <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#Bitcoin<\/a> Reserve <\/p>\n<p>They&#8217;re also donating to open source bitcoin development  <a href=\"https:\/\/t.co\/Mod3XDfMX8\">pic.twitter.com\/Mod3XDfMX8<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1984299909395132722?ref_src=twsrc%5Etfw\" target=\"_blank\">October 31, 2025<\/a>\n<\/p><\/div>\n<h2 class=\"wp-block-heading\">Steak \u2018n Shake partners with Fold<\/h2>\n<p>Earlier today, the company and Fold Holdings launched a limited-time promotion at more than 1,200 Steak \u2019n Shake locations, letting customers earn $5 in bitcoin with their Bitcoin Meal or Bitcoin Steakburger.<\/p>\n<p>Diners simply upload their receipt to bitcoinmealdeal.com, redeem a code through the Fold app, and instantly receive their reward.\u00a0<\/p>\n<p>The promotion marks the first U.S. restaurant menu item tied to bitcoin rewards, with the Bitcoin logo even stamped on the burger bun as a nod to mainstream adoption.\u00a0<\/p>\n<p>The campaign coincides with the 17th anniversary of the Bitcoin white paper and builds on Steak \u2019n Shake\u2019s earlier adoption of Lightning Network payments.\u00a0<\/p>\n<p>Fold, which holds roughly 1,500 BTC, continues <a href=\"https:\/\/bitcoinmagazine.com\/news\/fold-taps-stripe-and-visa-in-launch-of-first-bitcoin-only-credit-card\">expanding its bitcoin rewards ecosystem.<\/a><\/p>\n<h2 class=\"wp-block-heading\">Bitcoin improving payment speed<\/h2>\n<p>At the Bitcoin 2025 Conference, Steak \u2018n Shake executive Dan Edwards <a href=\"https:\/\/bitcoinmagazine.com\/news\/steak-n-shake-reveals-bitcoin-payment-success-at-bitcoin-2025-conference\">highlighted<\/a> the company\u2019s global adoption of Bitcoin payments via the Lightning Network.\u00a0<\/p>\n<p>He noted that Bitcoin transactions immediately exceeded expectations, with one in every 500 global Bitcoin transactions occurring at Steak \u2018n Shake on launch day<\/p>\n<p>Edwards said that accepting Bitcoin reduced processing fees by 50%, benefiting both the company and customers.\u00a0<\/p>\n<p>He stressed that the initiative was a genuine payment upgrade, not a marketing stunt, and reported that customer behavior had shifted positively since implementation.\u00a0<\/p>\n<p>Steak \u2018n Shake reported that customer behavior has already shifted. \u201cWe\u2019ve seen a sustained spike since adding Bitcoin,\u201d Edwards noted.\u00a0<\/p>\n<p>Edwards also teased the company\u2019s future plans, calling for more technical talent. \u201cWe\u2019re not done. We\u2019re investing in cyber chefs, autonomous drives, AI tech \u2014 and we need engineers to help us build it.\u201d\u00a0<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/business\/steak-n-shake-launches-bitcoin-reserve\">Steak \u2019n Shake Launches First-Ever Strategic Bitcoin Reserve<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Steak \u2019n Shake Launches First-Ever Strategic Bitcoin Reserve Steak \u2019n Shake is making history as the first major restaurant to establish a Strategic Bitcoin Reserve.\u00a0 All payments received in Bitcoin will now be added to their Strategic Bitcoin Reserve (SBR), marking a fun and major step into bitcoin adoption for the fast-food chain. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":5302,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5301","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5301"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5302"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}