Steak ‘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.
The 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 simply memeing — it’s dedicated to adopting Bitcoin.
This rollout will deliver Bitcoin funds to over 500 eating places nationwide, placing BTC into actual world use for top frequency, low price meals purchases, which is a key milestone for crypto forex. Not like earlier meals trade pilots restricted to check 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 without doubt one of the boldest performs but in quick meals’s flirtation with Bitcoin.
As “Steaktoshi” put it:
“The movement is just beginning.”