Fast-food chain integrates cryptocurrency at global locations where permitted. Steak ‘n Shake, the American fast-food giant known for its burgers and milkshakes, has officially launched Bitcoin payments across its global locations where regulations allow. The initiative, which began on May 16, uses the Lightning Network to process fast and low-cost transactions.
Chief Operating Officer Dan Edwards announced the development on May 27 during the Bitcoin 2025 Conference in Las Vegas. The event, which featured speeches from Senator Cynthia Lummis and Bo Hines of the Council of Advisers for Digital Assets, drew significant attention from the cryptocurrency community.
Strong Start Surpasses Expectations
According to Edwards, customer response has already exceeded expectations. On its first day, Steak ‘n Shake reportedly accounted for one in every 500 Bitcoin transactions globally. This early success reflects high demand from customers looking to use Bitcoin in everyday purchases.
“We knew the interest was there, but the volume on day one really surprised us,” said Edwards.
Cutting Costs and Streamlining Operations
The financial benefits were immediate. Edwards stated that the chain has already reduced payment processing costs by about 50% when compared to standard credit card fees. This efficiency is largely due to the Lightning Network’s ability to provide near-instant settlement at a fraction of the cost.
The company’s move to Bitcoin is not a temporary promotion. Edwards emphasized that the integration is a long-term shift in Steak ‘n Shake’s payment system. “This isn’t a trial run or marketing gimmick—it’s a permanent addition to our infrastructure,” he said.
New Menu for Crypto Enthusiasts
To celebrate the launch, select Las Vegas locations are offering limited-time, Bitcoin-themed menu items. These include the “Bitcoin Burger,” “Super-Sized Bitcoin Meal,” and the “Bitcoin Milkshake.” Edwards also hinted at a new “blockchain menu” currently in development, though details remain under wraps.
A Broader Trend in Fast-Food Innovation
Steak ‘n Shake’s adoption of Bitcoin comes amid a growing trend of fast-food chains experimenting with digital currencies and decentralized payment systems. By cutting costs and appealing to tech-savvy consumers, companies like Steak ‘n Shake are positioning themselves at the forefront of financial innovation in the food service industry.
While the integration is currently limited to regions where Bitcoin payments are legally permitted, the company expects to expand access further as regulations evolve.
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