Steak ‘n Shake Will Accept Bitcoin Payments in All U.S. Locations Starting Next Week

By: bitcoin magazine|2025/05/10 00:15:05

Bitcoin MagazineSteak ‘n Shake Will Accept Bitcoin Payments in All U.S. Locations Starting Next WeekSteak ‘n Shake will begin accepting Bitcoin as payment at all its U.S. locations starting May 16, the company announced Thursday, marking one of the largest fast food Bitcoin integrations to date.Steak n Shake accepting Bitcoin payments at all locations starting May 16, making the cryptocurrency available to our more than 100 million customers. The movement is just beginning....—Steaktoshi pic.twitter.com/1SGMifDZep— Steak 'n Shake (@SteaknShake) May 9, 2025The news follows a wave of cryptic posts earlier this year, including one that asked, “Should Steak ‘n Shake accept Bitcoin?” and a viral image of a Bitcoin-branded spaceship, igniting speculation among Bitcoiners online. Now, it’s confirmed: Steak ‘n Shake isn’t just memeing — it’s committed to adopting Bitcoin.NEW: Fast food giant Steak 'n Shake posted this picture of a Bitcoin space ship pic.twitter.com/94t49t4Zzu— Bitcoin Magazine (@BitcoinMagazine) March 13, 2025This rollout will bring Bitcoin payments to over 500 restaurants nationwide, putting BTC into real world use for high frequency, low cost food purchases, which is a key milestone for crypto currency. Unlike previous food industry pilots limited to test markets, Steak ‘n Shake is going all-in from day one. The fast food brand has been building anticipation since March, gradually layering in Bitcoin imagery across its marketing, fueling conversations across social media and drawing support from prominent Bitcoin advocates, including Jack Dorsey, who responded to the initial “Should Steak n Shake accept Bitcoin?” tweet with a simple: “yes.” It is currently unclear how the fast food chain will implement this mass scale acceptance of Bitcoin payments or if they will also implement the Bitcoin Lightning Network for its customers as well. In addition to that, it is also unclear if Steak ‘n Shake will be converting any earned BTC into cash or if they will HODL their earnings.This move also lands just days before Bitcoin Pizza Day on May 22, which commemorates the historic 2010 transaction when Laszlo Hanyecz famously paid 10,000 BTC for two pizzas.While other brands like Chipotle, Subway, and Burger King have dabbled in crypto over the years, Steak ‘n Shake’s full-scale, no-pilot launch is one of the boldest plays yet in fast food’s flirtation with Bitcoin. As “Steaktoshi” put it:“The movement is just beginning.” This post Steak ‘n Shake Will Accept Bitcoin Payments in All U.S. Locations Starting Next Week first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...

Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats

"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."

Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing

Overview of Important Market Events on April 29

Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions

The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...

Dan Bin takes action, building a position in Circle

If Web3 only stays at the level of price and narrative, traditional capital will find it difficult to truly enter; but once a group of companies that can be clearly explained and included in balance sheets begins to emerge, the way the industry participates will change.

The Impossible Triangle of DeFi Lending

Borrowers want fixed interest rates, while lenders seek immediate liquidity; this is the dilemma of on-chain lending, where both cannot be achieved simultaneously.