Steak ‘N Shake to accept Bitcoin payments after BTC broke through $100k
The post Steak ‘N Shake to accept Bitcoin payments after BTC broke through $100k appeared on BitcoinEthereumNews.com.
Steak ‘N Shake has declared that all its outlets nationwide will start accepting Bitcoin payments starting from May 16 as part of shift towards cryptocurrency. In a recent post, the American fast-food chain announced that it will provide its more than 100 million customers with the option to pay for “original steakburgers and homemade milkshakes” in BTC (BTC). Steak ‘n Shake had been hinting at opening BTC payments to the wider public since March this year. “Steak n Shake accepting Bitcoin payments at all locations starting May 16, making the cryptocurrency available to our more than 100 million customers,” said Steak ‘N Shake on its official account. The post seemed to hint that the restaurant franchise may be looking at accept other forms of cryptocurrency in the future, as it ended the announcement with a cryptic note: “The movement is just beginning….” As of March 2025, the company has approximately 393 restaurants located throughout the U.S., according to data from ScrapeHero. Around 20% of its branches are situated in Florida, with 79 locations in total. Starting May 16, all Steak ‘N Shake outlets in America will be able to accept Bitcoin payments. Price chart for Bitcoin after it hit beyond $100,000, May 9, 2025 | Source: crypto.news Just a day prior, Bitcoin broke through the $100k threshold, marking the first time it reached six figures since February 2025. At press time, the largest cryptocurrency by market cap has gone up by 4.16%. BTC is currently trading hands at $103,017. Hinting at Bitcoin payment options Steak ‘N Shake first brought up the possibility of facilitating BTC payments on March 8, when it asked its followers whether the restaurant should start accepting BTC. The question drew engagement from major industry figures including, former Twitter CEO Jack Dorsey, who replied with a simple…
Filed under: News - @ May 9, 2025 8:27 am