Steak ‘n Shake has announced plans to accept Bitcoin as payment at all locations starting May 16, 2025. The announcement was made via social media, highlighting the chain's commitment to embracing cryptocurrency. The fast food outlet aims to appeal to over 100 million customers by enabling transactions in Bitcoin, referred to as ‘satoshis’ in their promotion. This development follows an initial hint made by the chain on social media in March, which drew attention from crypto enthusiasts, including notable figures like Jack Dorsey. Steak ‘n Shake's move marks a significant stride in the mainstream adoption of cryptocurrencies in the restaurant industry, where few chains have fully embraced digital currency payment systems. They join a growing list of food outlets that accept cryptocurrency; for instance, Chipotle, Subway, and KFC have all piloted or implemented similar initiatives.

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