Steak ‘n Shake Forms Bitcoin Treasury, Donates to OpenSats

Saturday Nov 1 2025 02:40

Duration

2 min

  1. 1. Steak ‘n Shake Ventures into Bitcoin with Treasury and Donations

  2. 1.1 Potential Size of Steak ‘n Shake's Bitcoin Treasury

  3. 1.2 Additional Benefits of Accepting Bitcoin

  4. 1.3 Earn Bitcoin When You Buy a Burger

Steak ‘n Shake Ventures into Bitcoin with Treasury and Donations

American fast-food chain Steak ‘n Shake has announced the formation of a new Bitcoin treasury, funded by Bitcoin earned from its restaurant sales. The company stated in a post on X that all payments received in Bitcoin will be allocated to a “strategic Bitcoin reserve,” a move that has garnered significant support from the Bitcoin community. Furthermore, Steak ‘n Shake will donate 210 sats (approximately $0.23) for every Bitcoin meal sold to the nonprofit OpenSats, which supports contributors to Bitcoin Core and open-source Bitcoin development.

Potential Size of Steak ‘n Shake's Bitcoin Treasury

Steak ‘n Shake has not disclosed the percentage of its restaurant sales made in Bitcoin since it started accepting BTC payments across its US locations in May. Many other fast-food chains that accept Bitcoin via third-party services also do not disclose this information. However, Steak ‘n Shake’s revenue figures could offer some insights into the amount of Bitcoin the company could realistically accumulate each quarter. In the second quarter of 2025, Steak ‘n Shake reported revenue of $69.3 million, a 12% increase year-over-year. At the time, the company credited Bitcoin users for contributing to a 10.7% quarter-over-quarter rise in same-store sales. This momentum continued in the third quarter, with same-store sales growing by 15%. These figures suggest that Bitcoin users comprise a small (but growing) percentage of their customer base and sales, meaning that Bitcoin accumulation will likely be gradual compared to Bitcoin-focused treasury companies or Bitcoin miners.

Additional Benefits of Accepting Bitcoin

Of course, there are other advantages to accepting Bitcoin. In May, Steak ‘n Shake reported saving approximately 50% in processing fees compared to transactions involving credit cards.

Earn Bitcoin When You Buy a Burger

Steak ‘n Shake has also announced a partnership with Fold, offering customers $5 in BTC when they purchase a “Bitcoin Meal” or “Bitcoin Steakburger” and redeem the receipt in the Fold app. According to Will Reeves, Chairman, Founder, and CEO of Fold, “Bitcoin goes mainstream when it starts showing up in everyday life. That’s been our vision from the beginning, and our promotion with Steak ’n Shake is the next step in that journey. For many people, this will be the first time they ever own Bitcoin, and it will come from something as ordinary as grabbing a burger. That’s what real adoption looks like.” This limited-time offer will be available at approximately 400 locations across the United States.

Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.

Default Author Avatar

Written by:

Ava Grace

Asset List

View Full List
Most Traded Commodities Indices Crypto Shares Forex
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now

Latest

View all
Fed Rate Decision

Wednesday, 22 July 2026

Duration

5 min

Fed Rate Decision Preview: Will the Fed Raise Rates at the July 29, 2026 Meeting?
us-iran-oil

Wednesday, 22 July 2026

Duration

6 min

Crude Oil Prices Rise 2% to Six-Week High as US-Iran Tensions Escalate
tesla earnings q2 2026

Wednesday, 22 July 2026

Duration

11 min

Tesla 2026 Q2 Earnings: Revenue Surges 26% as AI Investments Weigh on Profits and Cash Flow

Latest news

gold

Thursday, 23 July 2026

Indices

Gold Price Today, July 24: Gold Slips to $4,043 as Dollar and Yields Rise

South Korea Tightens Rules on Single-Stock Leveraged

Thursday, 23 July 2026

Indices

South Korea Tightens Rules on Single-Stock Leveraged ETFs, Raises Cash Requirement to KRW 30 Million from July 31

intel earnings 2026 q2

Thursday, 23 July 2026

Indices

Intel Q2 Revenue Jumps 25% on AI Demand, Beats Estimates as Strong Q3 Outlook Lifts Shares

USD to JPY exchange rate today

Thursday, 23 July 2026

Indices

US Treasury Says Yen Is Deeply Undervalued, Urges Bank of Japan to Continue Rate Hikes

gold

Wednesday, 22 July 2026

Indices

Gold Price Today, July 23: Gold Holds Above $4,100 as Oil Rally Limits Gains

tesla earnings q2 2026

Wednesday, 22 July 2026

Indices

Tesla 2026 Q2 Earnings: Revenue Surges 26% as AI Investments Weigh on Profits and Cash Flow

google earnings 2026 q2

Wednesday, 22 July 2026

Indices

Google 2026 Q2 Earnings: Cloud Revenue Soars 82% as AI Investments Drive Growth Despite Rising Capital Spending

Fed Rate Decision

Wednesday, 22 July 2026

Indices

Fed Rate Decision Preview: Will the Fed Raise Rates at the July 29, 2026 Meeting?

us-iran-oil

Wednesday, 22 July 2026

Indices

Crude Oil Prices Rise 2% to Six-Week High as US-Iran Tensions Escalate

kospi

Wednesday, 22 July 2026

Indices

KOSPI Jumps More Than 3% as Alphabet’s $200 Billion AI Plan Lifts Chip Stocks

See all news