US EditionSteak n’ Shake COO Says Bitcoin Payments Cut Processing Fees in Half
- Steak n' Shake began accepting bitcoin payments on May 16, 2025, at all locations where regulations permit, using the Lightning Network for faster transactions.
- The company sought to provide customers with another payment option and not as a promotion, making Bitcoin a permanent part of its payment infrastructure.
- During his May 27 appearance at the Bitcoin 2025 event held in Las Vegas, COO Dan Edwards shared that the technical rollout went smoothly and that customers rapidly adapted to paying with Bitcoin.
- Edwards stated bitcoin payments reduce processing fees by about 50% compared to credit cards, and on launch day, Steak n' Shake processed 1 in every 500 global bitcoin transactions.
- The integration shows measurable financial benefits and supports Steak n' Shake's broader digital transformation, including plans for autonomous systems and AI.
13 Articles
13 Articles
Steak ‘n Shake Embraces Bitcoin, Sees Boost in Sales
Steak ‘n Shake, a well-known American restaurant chain owned by Biglari Holdings, has taken a notable step toward embracing digital currency by sponsoring the Bitcoin 2025 Conference in Las Vegas. During the event, the company shared updates on its recent integration of Bitcoin as a payment option, using the platform to reinforce its growing connection with the crypto community. The company began accepting Bitcoin payments on May 16, utilizing t…
Steak ‘N Shake Accepts Bitcoin, Sales Rise, Possible 'Blockchain-Theme' Menu - Biglari Holdings (NYSE:BH)
Restaurant company Steak ‘n Shake is a sponsor of the Bitcoin 2025 Conference and used the event to share an update on its recent push into Bitcoin BTC/USD as a payment option, as it also embraced the crypto community via social media posts. What Happened: While many in attendance at the Bitcoin 2025 Conference in Las Vegas may have been excited to hear from U.S. Vice President JD Vance who talked about the growing adoption of Bitcoin in the cou…
Steak 'n Shake Report \ stacker news ~bitcoin
Yeah, so I did the thing like everyone else. Gotta inspect, gotta support ( https://stacker.news/items/990709/r/denlillaapan) cashier was bored, a little annoyed: roller his eyes, called a supervisor, and stood by helpless. I asked if we were making his life difficult with all these lightning payments. "A little bit," he said. https://primal.net/e/nevent1qqs0tchk0pdxwks75f4xpvxzheufgeh4jvwflntmmnsu8yr6nmvh0mgcpejue Oh well. Didn't get a qr code …
Bitcoin Becomes A Revolutionary Payment Option
Steak ‘n Shake now accepts Bitcoin payments across all U.S. locations, cutting payment processing fees by nearly 50% using the Lightning Network. On launch day, the chain accounted for 1 in every 500 BTC transactions worldwide, showing strong early adoption. The Lightning Network enables faster, cheaper, and more secure transactions, benefiting fast food’s tight profit margins. Bitcoin is no longer just a buzzword for investors and tech enthusia…
Fast Food Giant Steak 'n Shake Launches Bitcoin Payments, Boosts Financial Efficiency - Data Intelligence
Fast food chain Steak ‘n Shake has expanded its payment options to include Bitcoin (BTC) at all of its locations globally, where regulations permit. The rollout, which began on May 16, utilizes the Lightning Network to enable faster and lower-cost transactions. The company’s COO, Dan Edwards, revealed the development on May 27 at the Bitcoin 2025 Conference in Las Vegas, which kicked off the same day and included a keynote by Senator Cynthia Lum…
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