The company is saving up cryptocurrency and paying bonuses to employees in it.
“Nine months ago, Steak ‘n Shake began ‘transforming burgers into bitcoin’ by launching the acceptance of bitcoin payments. Since then, sales at those locations have skyrocketed,” RBC quoted the company’s social media post as saying.
Steak’n Shake is a burger chain founded in the United States in 1934. As of 2024, it included 426 restaurants. Bitcoins received from customers go into Steak’n Shake’s strategic reserve. In January, the company increased its cryptocurrency reserve by $10 million.
Earlier it was reported that the Moldovan authorities intend to develop a package of laws to legalize cryptocurrencies in the country by June 2027. However, according to preliminary data, even after its implementation, it will be impossible to pay with crypto in the republic.
