{"id":17581,"date":"2025-11-02T02:20:25","date_gmt":"2025-11-02T01:20:25","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=17581"},"modified":"2025-11-02T02:20:25","modified_gmt":"2025-11-02T01:20:25","slug":"steak-n-shake-unveils-groundbreaking-bitcoin-reserve-initiative","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/11\/02\/steak-n-shake-unveils-groundbreaking-bitcoin-reserve-initiative\/","title":{"rendered":"Steak &#8216;n Shake Unveils Groundbreaking Bitcoin Reserve Initiative"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<div>\n<p class=\"nitro-lazy\">Steak \u2019n Shake is creating history as the first significant eatery to form a Strategic Bitcoin Reserve.\u00a0<\/p>\n<p>All transactions received in Bitcoin will now contribute to their Strategic Bitcoin Reserve (SBR), signifying an exciting and substantial advance into <a href=\"https:\/\/bitcoinmagazine.com\/business\/our-allegiance-is-with-bitcoiners-steak-n-shake-scraps-ethereum-payment-idea\">bitcoin integration<\/a> for the fast-food establishment.<\/p>\n<p>As part of the program, the organization will donate 210 sats from each Bitcoin Meal sold to the Open Sats Initiative, Inc. over the subsequent 12 months.\u00a0<\/p>\n<p>Patrons who buy and <a href=\"https:\/\/bitcoinmagazine.com\/business\/steak-n-shake-partners-with-fold\">register<\/a> their Bitcoin Steakburger via the Fold App will also receive $5 in complimentary Bitcoin, with guidance included on their receipts.<\/p>\n<p>This action follows a robust quarter, with same-store sales climbing 15% \u2014 surpassing all rivals \u2014 showcasing the rising influence of cryptocurrency involvement on the restaurant\u2019s financial results.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<h2 class=\"wp-block-heading\">Steak \u2018n Shake collaborates with Fold<\/h2>\n<p>Earlier today, the company and Fold Holdings introduced a limited-time offer at over 1,200 Steak \u2019n Shake locations, enabling customers to earn $5 in bitcoin with their Bitcoin Meal or Bitcoin Steakburger.<\/p>\n<p>Diners merely upload their receipt to bitcoinmealdeal.com, redeem a code through the Fold app, and promptly receive their reward.\u00a0<\/p>\n<p>The promotion signifies the first U.S. restaurant menu item linked to bitcoin rewards, with the Bitcoin logo even imprinted on the burger bun as a gesture towards mainstream acceptance.\u00a0<\/p>\n<p>The initiative aligns with the 17th anniversary of the Bitcoin white paper and builds on Steak \u2019n Shake\u2019s previous acceptance of Lightning Network payments.\u00a0<\/p>\n<p>Fold, which possesses approximately 1,500 BTC, continues <a href=\"https:\/\/bitcoinmagazine.com\/news\/fold-taps-stripe-and-visa-in-launch-of-first-bitcoin-only-credit-card\">enhancing its bitcoin rewards framework.<\/a><\/p>\n<h2 class=\"wp-block-heading\">Bitcoin enhancing transaction speed<\/h2>\n<p>At the Bitcoin 2025 Conference, Steak \u2018n Shake executive Dan Edwards <a href=\"https:\/\/bitcoinmagazine.com\/news\/steak-n-shake-reveals-bitcoin-payment-success-at-bitcoin-2025-conference\">emphasized<\/a> the company\u2019s worldwide acceptance of Bitcoin payments through the Lightning Network.\u00a0<\/p>\n<p>He indicated that Bitcoin transactions quickly surpassed expectations, with one in every 500 global Bitcoin transactions happening at Steak \u2018n Shake on launch day.<\/p>\n<p>Edwards mentioned that accepting Bitcoin lowered processing costs by 50%, benefiting both the business and patrons.\u00a0<\/p>\n<p>He asserted that the initiative was a true payment advancement, not merely a promotional gimmick, and reported that customer behavior had positively shifted since its implementation.\u00a0<\/p>\n<p>Steak \u2018n Shake noted that consumer behavior has already changed. \u201cWe\u2019ve observed a consistent increase since incorporating Bitcoin,\u201d Edwards remarked.\u00a0<\/p>\n<p>Edwards also hinted at the company\u2019s future endeavors, requesting additional technical talent. \u201cWe\u2019re not finished. We\u2019re investing in cyber chefs, autonomous driving, AI technology \u2014 and we need engineers to assist us in building it.\u201d\u00a0<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/business\/steak-n-shake-launches-bitcoin-reserve\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html Steak \u2019n Shake is creating history as the first significant eatery to form a Strategic Bitcoin Reserve.\u00a0 All transactions received in Bitcoin will now contribute to their Strategic Bitcoin Reserve (SBR), signifying an exciting and substantial advance into bitcoin integration for the fast-food establishment. As part of the program, the organization will donate 210<\/p>\n","protected":false},"author":3,"featured_media":17582,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[4093],"class_list":{"0":"post-17581","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-steak-n-shake-launches-first-ever-strategic-bitcoin-reserve-gpt"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Steak &#039;n Shake Unveils Groundbreaking Bitcoin Reserve Initiative - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/11\/02\/steak-n-shake-unveils-groundbreaking-bitcoin-reserve-initiative\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Steak &#039;n Shake Unveils Groundbreaking Bitcoin Reserve Initiative - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html Steak \u2019n Shake is creating history as the first significant eatery to form a Strategic Bitcoin Reserve.\u00a0 All transactions received in Bitcoin will now contribute to their Strategic Bitcoin Reserve (SBR), signifying an exciting and substantial advance into bitcoin integration for the fast-food establishment. 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