The fast-food chain marked 11 months since it began accepting Bitcoin payments at all its U.S. locations.
In a post on X on April 16, 2026, Steak ‘n Shake stated that Bitcoin payments are faster and save the company money. It said it has reinvested those savings into product quality improvements.
The company reported that its same-store sales have risen dramatically since launching Bitcoin payments. It thanked Bitcoin users for their support.
Steak ‘n Shake first announced it would accept Bitcoin payments at all 393 U.S. locations starting May 16, 2025, via the Lightning Network, according to its official announcement on May 9, 2025.
The company has since established a Strategic Bitcoin Reserve, holding all Bitcoin received from customer payments in its corporate treasury rather than converting them to fiat currency.
It has also made multiple Bitcoin purchases for its balance sheet and plans to launch a Bitcoin Milkshake on April 27 as part of anniversary celebrations.
Steak ‘n Shake said it will share additional news at Bitcoin Conference 2026. The chain described the Bitcoin payment initiative as a way to provide faster and lower-cost transactions.
The company, known for its Steakburgers and milkshakes, has continued to expand its Bitcoin integration over the past 11 months.
No independent third-party verification of the reported sales growth or cost savings was provided in the company’s statements.
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