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Home » News » Business » Major Restaurant Chain to Accept Bitcoin Payments

Major Restaurant Chain to Accept Bitcoin Payments

Steak 'n' Shake to accept Bitcoin payments

Steak ‘n Shake is making crypto history. The iconic American fast-food chain announced it will accept Bitcoin payments at all locations nationwide starting May 16, 2025.

This marks the first full-scale crypto integration across a major U.S. fast food chain—setting a precedent for other industry giants.

As of this writing, Bitcoin (BTC) is trading at $102,995, up 3.4% on the day as excitement builds across crypto and retail circles.

📣 Announcement Follows Viral Bitcoin Poll

The decision comes just weeks after Steak ‘n Shake conducted a viral poll on X (formerly Twitter), asking customers: “Should we accept Bitcoin?”

Among the highlights:

  • Over 250,000 users participated
  • Tech mogul Jack Dorsey replied with a definitive “yes”
  • Crypto communities on Reddit and X lit up in support

🥤 A Chain With Crypto Style

Since that March poll, Steak ‘n Shake has leaned into the hype with:

  • A string of Bitcoin-themed ad campaigns
  • Crypto meme tie-ins across its social media
  • Joint promotions featuring Tesla giveaways and BTC cashbacks

The company now calls its May 16 rollout “a new era for fast food finance.”

🧾 How Will It Work?

While full technical details are still emerging, customers can expect:

  • Bitcoin payments via QR code at checkout
  • Full compatibility with popular wallets like Coinbase, CashApp, and Strike
  • Instant conversion to USD on the backend to limit volatility risk

🍟 Why It Matters for Crypto

Steak ‘n Shake’s move stands out in the fast food world. Most major brands—like McDonald’s and Burger King—have only piloted small crypto trials or relied on third-party processors.

This is different. Steak ‘n Shake is:

  • Handling integration in-house
  • Committing to all U.S. locations
  • Aligning with the broader “Bitcoin as currency” movement championed by industry voices like Michael Saylor and David Sacks

🏛️ Crypto Adoption Is Accelerating

Steak ‘n Shake’s decision adds to a growing list of real-world Bitcoin use cases:

  • New Hampshire passed a bill to create a state-level Bitcoin reserve
  • NVIDIA and other tech giants are ramping up blockchain development
  • Trump administration’s crypto czar, David Sacks, has teased a “game-changing BTC announcement”

🏁 What’s Next?

With Steak ‘n Shake setting the tone, all eyes are now on:

  • Wendy’s, Chick-fil-A, and Taco Bell — will they follow suit?
  • Bitcoin price movement as retail use expands
  • Consumer demand for crypto at point-of-sale nationwide

🍔 About Steak ‘n Shake

  • Founded: 1934
  • Signature Items: Steakburgers, hand-dipped milkshakes
  • Locations: 393 across the United States
  • Known For: Classic diner-style experience, affordable meals, late-night service

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