Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
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 Update: Filecoin Reaches Critical Juncture: Surpassing $2.30 May Lead to Value Doubling

- Filecoin (FIL) approaches $2.30 resistance, with a breakout potentially doubling its value to $4.60 amid broader crypto optimism. - Bitcoin sees $8B ETF inflows and could reach $140,000 by November if Fed easing and institutional adoption continue. - Ethereum forms bullish patterns near $4,080 support, aligning with crypto market recovery and altcoin momentum. - Crypto infrastructure growth (e.g., Bitcoin miner investments) and macroeconomic factors drive sector confidence despite lingering volatility ri

Bitget-RWA2025/11/02 19:56
Bitcoin News Update: Filecoin Reaches Critical Juncture: Surpassing $2.30 May Lead to Value Doubling

Zcash's Approach to Balancing Privacy and Regulation Draws Institutional Interest

- Zcash (ZEC) surges to $409 amid strategic upgrades and institutional adoption, with 971.1% annual gains and $7B market cap. - ECC’s Q4 2025 roadmap prioritizes privacy upgrades (ephemeral addresses, hardware wallet integrations) and regulatory compliance via optional viewing keys. - Institutional demand grows as Grayscale manages $137M in ZEC assets, while Arthur Hayes predicts $10,000 potential during an "altseason" driven by fixed supply and adoption. - Technical indicators show bullish momentum ($529M

Bitget-RWA2025/11/02 19:56
Zcash's Approach to Balancing Privacy and Regulation Draws Institutional Interest

Solana News Today: "Solana ETFs See Growth as Token Declines: Higher Staking Returns Drive Investors to Switch"

- Solana ETFs gained $44.48M in inflows, defying broader crypto market weakness as Bitcoin and Ethereum ETFs saw combined $290M outflows. - Bitwise Solana ETF (BSOL) surged 4.99% with $222.8M in assets, driven by staking yields and novel narratives despite SOL token's 8% weekly price drop. - On-chain data revealed 1.1M SOL transfer from Jump Crypto to Galaxy Digital, fueling speculation about Bitcoin rotation amid profit-taking pressures. - Bitcoin ETFs maintained $931M weekly net inflows ($30.2B annual to

Bitget-RWA2025/11/02 19:56
Solana News Today: "Solana ETFs See Growth as Token Declines: Higher Staking Returns Drive Investors to Switch"

Bitcoin Updates: $717 Million in Bitcoin Moved to New Wallet, Owner and Purpose Remain Unknown

- A $717M Bitcoin transfer from Coinbase to a new anonymous wallet has triggered market speculation about institutional activity or security measures. - Analysts highlight whale behavior implications, though anonymity complicates identifying motives like portfolio rebalancing or cold storage moves. - CoinW's BankrCoin (BNKR) listing on October 29 aims to boost short-term interest through $8,000 USDT bounties and promotional campaigns. - Market observers caution against overreacting to single large transfer

Bitget-RWA2025/11/02 19:56
Bitcoin Updates: $717 Million in Bitcoin Moved to New Wallet, Owner and Purpose Remain Unknown