Search results for "BURGER"

Steak ’n Shake Invests $10 Million in Bitcoin Treasury After Lightning Network Success

In a significant move bridging traditional retail with digital currency, iconic burger chain Steak 'n Shake has announced a $10 million bitcoin treasury purchase, marking its first major direct allocation to BTC. This decision follows an eight-month trial of Bitcoin Lightning Network payments across all U.S. locations, which the company credits for boosting same-store sales and slashing payment processing fees. Below, we explore the strategy behind this investment and what it signals for
BTC-0,23%
CryptopulseElite·01-19 03:02

American hamburger chain Steak’n Shake expands BTC strategic reserves, increases Bitcoin holdings by millions of dollars

American burger chain brand Steak'n Shake announces increased holdings of approximately $10 million in Bitcoin and fully accepts Bitcoin payments. This move has driven sales growth, improved customer service, and created a self-reinforcing cycle. Steak'n Shake's strategic Bitcoin reserve (SBR) is used to manage cryptocurrency income, demonstrating the potential application of Bitcoin in the physical dining industry.
BTC-0,23%
ChainNewsAbmedia·01-19 02:47

David Sacks calls NYT report on conflicts of interest a ‘nothing burger’

White House AI and crypto czar David Sacks has fired back at The New York Times over a report detailing how his government advisory role could benefit his investments and his close associates. Sacks said in a post to X that despite having “debunked in detail” the Times’ reporting over the past
Cointelegraph·2025-12-01 03:22
news-image

The American chain restaurant Steak 'n Shake's Bitcoin payment strategy drives sales rise and expands into El Salvador to develop the BTC economic circle.

Latest performance in November 2025 shows that the American chain restaurant Steak 'n Shake, due to the comprehensive integration of Bitcoin payments, experienced an 11% rise in same-store sales in the second quarter, further accelerating to 15% in the third quarter, outperforming traditional competitors like McDonald's and Burger King. The brand is expanding its Bitcoin-driven model to El Salvador—the first country to recognize Bitcoin as legal tender—by participating in BTC historico activities to deepen its engagement in a BTC-centered economic ecosystem. The company simultaneously launched a Bitcoin airdrop program, collaborated with the Fold rewards platform, and deposited all Bitcoin paid by customers into a reserve, creating a complete Bitcoin economic closed loop.
BTC-0,23%
MarketWhisper·2025-11-17 02:45