Steak ‘n Shake Serves Up Bitcoin: Nation Fast-Food Giant Accepts BTC Across All Locations

Starting May 16, Steak ‘n Shake will accept Bitcoin payments across the U.S., embracing crypto with support from Jack Dorsey and the larger digital payments movement.

In a landmark move for the cryptocurrency industry, iconic American fast food chain Steak ‘n Shake has announced the full rollout of Bitcoin payments across all its U.S. locations, effective May 16.

The brand made its announcement via X (formerly Twitter) on May 9, sharing the message: “The movement is just beginning.” Signing off as “Steaktoshi”, the company boldly embraced its new digital identity.

This decision follows rising speculation within the crypto community, sparked by a March teaser tweet that asked followers: “Should Steak ‘n Shake accept Bitcoin?” That post quickly went viral and caught the eye of Twitter co-founder and Bitcoin champion Jack Dorsey, who responded with an enthusiastic “yes.”

In the weeks that followed, Steak ‘n Shake escalated its crypto-themed marketing strategy, launching promotions like Tesla giveaways and posting mysterious content that leaned into Bitcoin culture. The campaign fueled online conversations and set the stage for this historic pivot.

By implementing this payment option, Steak ‘n Shake becomes one of the few national restaurant chains in the United States to move beyond limited crypto pilots and embrace full-scale digital asset adoption. The service will be available to an estimated 100 million customers nationwide.

This places Steak ‘n Shake among a growing cohort of fast-food players integrating blockchain into their payment infrastructure. Chipotle, for example, began supporting over 100 cryptocurrencies—including Bitcoin, Ethereum, and Solana—via Flexa in 2022.

Subway, a longtime crypto experimenter since 2013, continues its cautious expansion, while McDonald’s now accepts Bitcoin in Lugano, Switzerland. KFC, Burger King, and Pizza Hut have all trialed crypto payment initiatives in select global markets—most notably in El Salvador, where BTC holds legal tender status.

The intersection of crypto and fast food has deep historical roots. In 2010, early adopter Laszlo Hanyecz infamously traded 10,000 BTC for two pizzas—an event immortalized as “Bitcoin Pizza Day.” Steak ‘n Shake now steps forward to honor that origin story, bringing it to life with a bold modern twist.

Meanwhile, the broader payments industry is pushing aggressively into crypto territory.

In April, fintech platform Mesh announced Apple Pay integration, enabling seamless crypto payments via the iOS ecosystem for its partnered merchants.

Stripe, another giant in the space, revealed plans for a U.S. dollar-backed stablecoin, targeting markets outside the U.S., U.K., and Europe. The move follows its acquisition of Bridge, a stablecoin-centric network intended to challenge SWIFT and traditional banking rails.

Jack Dorsey recently made headlines again, urging Signal Messenger to integrate Bitcoin peer-to-peer transfers, an idea backed by David Marcus, ex-PayPal executive and current Lightspark CEO, who declared: “Every non-transactional app should connect to Bitcoin.”

Even Triple-A, a Singapore-based payment firm, announced integration of PayPal’s stablecoin, further signaling the digital asset sector’s unstoppable momentum.

From stablecoin innovations to the sizzling scent of fries bought with Bitcoin, the financial future is becoming ever more decentralized—and delicious.

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