Crypto News

Bitcoin accepted at fast-food chain Steak ’n Shake from May 16

The American Fast Food Outlet Steak 'n Shake has announced that it will begin to accept Bitcoin as payment at all locations starting on May 16.

Firm said on X on May 9 that it makes the cryptocurrency available to more than 100 million customers, Adding That “the movement is just beginning,” before signing off as “steakoshi.”

The Fast Food Chain initially hinted at receiving Bitcoin (BTC) in March when it Na -Post “Should the steak 'n shake the bitcoin?” on social media.

The tweet drew the attention of the crypto community and Bitcoin advocates like Jack Dorsey, who quickly answered a “yes.”

The firm has built momentum since then with Bitcoin -themed marketing, TESLA promotions, and visual clues to social media feeds.

Bitcoin payments, food
“The future is bright,” the firm said in April. Source: Stake n 'shake

Related: How to buy food with bitcoin?

Acceptance of Bitcoin represents a significant development in the basic crypto adoption, as some restaurant chains have moved beyond the limited pilot programs to full payments.

Cointelegraph reached the stake 'n shake for more details but missed the immediate response.

Crypto for fast food

Stake 'n Shake will participate in a growing number of fast food chains that receive crypto payments.

Since 2022, Chipotle has accepted nearly 100 different cryptocurrencies through Flexa, including Bitcoin, Ether (Ether) and Solana (Sol).

One of the earliest adopters of crypto payment is the subway, which has been voting on Bitcoin payments until 2013 with select franchises.

KFC offered a “Bitcoin bucket” promotion in Canada in 2018, which allows purchases including BTC, while McDonald's Bitcoin in Lugano, Switzerland, is accepted as part of a local crypto initiative.

Burger King has accepted crypto gift cards and direct crypto payment to select countries such as Germany, the Netherlands, and Venezuela. In September, Donald Trump used Bitcoin to buy burgers at a New York City bar.

The Pizza Hut became one of the first major outlets to accept BTC in El Salvador, where it was made legal soft in 2021.

The first Bitcoin transaction was made to buy Laszlo Hanyecz's quick meal on May 22, 2010, which eventually became the famous Bitcoin Pizza Day. He paid 10,000 BTC for two pizza, worth $ 40 at that time. Today, pizzas are over a billion dollars.

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