Steak 'n Shake is throwing a party for Bitcoiners because same-store sales went up by 10.7% in the second quarter, which was a surprise. And you know what? That's a lot better than how most of America's big fast food chains do! You mean to say that you're giving a nod to the future, right?

On Friday, Steak 'n Shake posted on X to say hello to Bitcoin fans and admit that the digital currency has changed the game for the chain. Also, this all started on May 16 when they started taking Bitcoin as payment. As you might expect, this has led to some pretty big growth for them.

I think this change could mean that Bitcoin is no longer just a risky investment in the US. Yes, it's old news in countries where digital currencies are already used in everyday transactions. But in the US, where people mostly buy Bitcoin as an investment, seeing it used at places like Steak 'n Shake is a big deal.

Steak 'n Shake has more going for it than just Bitcoin. They've been able to beat some of the bigger companies, like McDonald's, Domino's, and Taco Bell, whose same-store sales have been anything but great, with growth rates between -7.1% and 6.1%.

Eating Burger
Source: Giphy

And let's talk about numbers, because who doesn't like a good number? Steak 'n Shake had the best sales growth of any major US fast-food chain this quarter, with a rise of 10.7%. Not too bad, huh?

Bitcoin Pays Off - Lower Fees and Quick Results

But here's the best part: it didn't take long after they started accepting Bitcoin payments to see results. Dan Edwards, the COO of Steak 'n Shake, said that the company had cut processing fees by half about two weeks after the switch. If you're saving that much, why wouldn't you think it's a win for both the customer and the store? Edwards also said at the Bitcoin 2025 conference that it's a "win for you in the Bitcoin community." Talk about three wins in a row.

To top it all off, Steak 'n Shake proudly announced that on the first day they accepted Bitcoin, they were responsible for 0.2% of all Bitcoin transactions. That's not an easy thing to do!

Steak 'n Shake's decision to accept Bitcoin came after a rough patch, during which almost 230 of its US stores closed since 2018. ScrapeHero data shows that the chain's US locations went from a high of 628 to 397 by May 2025. And for those who are curious, Florida has the most Steak 'n Shake stores, with 79, which is about 20% of all the stores in the US.

Overall, it looks like Bitcoin might be just what Steak 'n Shake needed to get things moving again. Now we have to wait and see if other big fast food chains will follow suit or keep ignoring the Bitcoin revolution.

What are your thoughts? Is Bitcoin just a passing fad, or could it be the next big thing in fast food payments? We'll see what happens!

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