Steak ‘n Shake now accepts Bitcoin as a payment option at all global locations where regulations permit. The rollout began on May 16 using the Lightning Network for faster transactions. COO Dan Edwards announced the decision at the Bitcoin 2025 Conference in Las Vegas, where the company saw a high volume of Bitcoin transactions. This move has reduced payment processing fees by 50% compared to credit cards, leading to measurable financial benefits. The integration was seamless, leading to increased transaction activity and plans for broader digital transformation including autonomous systems, AI, and blockchain-related technology. Edwards emphasized that Bitcoin acceptance is a permanent addition to the company’s payment infrastructure in response to customer expectations and new technology standards.

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