The American fast food chain Steak 'N Shake has announced that it will accept Bitcoin payments in all its US locations from May 16th. The food business in Indianapolis receives one of the first nationwide fast food frances to fully adopt Bitcoin for everyday retail transactions.
The announcement reached the company through official social media channels earlier this week, confirming that all 393 restaurants throughout America allow customers to buy their signature plants and milk cocktails using the world's largest crypto on the market.
The company has not yet revealed which payment service provider or conversion mechanism will use it to process the transactions.
In an official statement, Steak 'n Shake wrote: ”Steak n Shake accepts Bitcoin payments in all places, making crypto accessible to our more than 100 million customersTo. Movement is just the beginning.”
Starting crypto payments after months of ranging
To integrate Bitcoin payments for a fast -food company campaign, delicately began in March 2025, when Steak 'n Shake posted a question on social media asking followers: asking for followers: “Should Steak 'n Shake accept Bitcoin?” Post attracted the attention of several crypto supporters, including former CEO Jack Dorsey, who responded to the request “Yes.”
yeah
– Jack (@jack) 7th March 2025
After that, the brand has strongly prone to cryptoculture, dividing the content with pop culture and science fiction with digital currency issues.
On March 13, Steak 'n Shake's picture shared a merchant -related merchant ship with a Bitcoin logo, referring to the ambitions of Elon Musk “Move to Mars,” and Robert F. Kennedy Jr. According to public, beef tallow, which is related to classic preparation methods.
Steak 'n Shake operates 393 locations in the entire US, about 20% of them, 79 stores, located in Florida retail sale data Agent scratching.
According to the last annual report of Biglar Holdings, Steak 'n Shake's parent company, which also owns Western Sizzlin, Maxim Magazine and several other insurance, oil and gas companies, the number of eateries decreased by more than 200 from 2008. At this year's cutting -edge chain 626 restaurants; By last year, this number had fallen.
In its last quarter submission, Biglari Holdings showed that Steak 'N Shake's preventive income was just over $ 20 million, allegedly 20% of internal targets.
Fast food units to introduce a bubble crypto with crypto payment services
Steak 'n Shake joins several other food chains that have tested Crypto payments over the last ten years, but has often restricted or restricted the introduction of the objects that can be paid for the use of digital currencies.
In 2021, Starbucks promised customers to recharge their digital starbucks cards with Bitcoin through the bakkti application. The function converted Bitcoin to US dollars before the money reached the coffee giant, which means that the company itself did not hold or process Bitcoin directly.
Chipotle also integrated crypto payment In 2022, working with FlexAs of the Digital Payment Platform to accept more than 90 chips in hundreds of US locations. Like Starbucks, the system used an automatic conversion to the FIAT currency.
Subway was one of the earlier mainstream brands that Bitcoin accepted. Already in 2013, the locations of the chosen franchise began to accept in crypto pilot programs.
In Venezuela, where hyperinflation has devalued the local Bolívar, Burger King briefly collaborated with the Latin -American crypto company Cryptobuyer to try bitcoin and other Altcoin payments in some of its locations. The efforts were short -term, largely due to the operational and regulatory bumps established by the local government.
The US-based food company also piloted the service in Paris in France through a partnership with Binance Pay and Alchemy Pay already in March 2023.
Cryptopolitan Academy: Do you want to raise your money in 2025? Here's how to do this in our upcoming web class. Save your place
