The American fast-food chain Steak ‘n Shake has announced the development of a new Bitcoin Treasury, built with Bitcoin made from restaurant sales.
“All payments received in Bitcoin will be placed in our (Strategic Bitcoin Reserve),” Steak ‘n Shake said in a post on X on Friday, drawing strong support from the Bitcoin community.
The company added that for every bitcoin meal it sells, 210 SAT (around $0.23) will be donated to the nonprofit OpenSats, which supports contributors to Bitcoin Core and open source Bitcoin development.
How much Bitcoin can a steak ‘n shake scoop up?
Steak ‘n Shake has not disclosed how much sales its restaurants have made in bitcoin since then started accepting payments in BTC across its US locations in May. Many other fast food chains that accept Bitcoin through third-party services do not disclose this information either.
Still, Steak ‘n Shake’s revenue numbers may give some clues as to how much the company can make Realistically accumulated in Bitcoin every quarter.
In the second quarter of 2025, Steak ‘n Shake reported revenue of $69.3 million – a 12% year-over-year increase. This time, the company praised bitcoiners for helping it secure A 10.7% quarter-on-quarter increase in same-store sales. This momentum continued in the third quarter as same-store sales grew 15%.
Both figures suggest that bitcoiners comprise only a small (but growing) percentage of their customer base and sales, which means that the accumulation of bitcoin is likely to be slow compared to companies dedicated to Bitcoin or bitcoin miners.
There are, of course, others Benefits of accepting bitcoin. In May, Steak ‘n Shake said it saves about 50% in processing fees compared to when customers use credit cards.
Get paid bitcoin when you buy a burger
Meanwhile, Steak ‘n Shake also announced a cooperation Through fold will give customers $5 in BTC when they buy a steak ‘n shake “Bitcoin Meal” or “Bitcoin Steaksburger,” using the receipt to redeem it in the fold app.
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“Bitcoin goes mainstream when it starts showing up in everyday life,” said Will Reeves, chairman, founder and CEO of Fold.
“That’s been our vision from the beginning, and our steak ‘n shake promotion is the next step in that journey. For a lot of people, it’s the first time they’ve owned a Bitcoin, and it’s going to come from something as common as grabbing a burger. That’s what real adoption looks like.”
The limited-time offer is available at approximately 400 locations across the United States.
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