American Fast Food Chain Steak 'n Shake to Award Bitcoin Bonuses to Hourly Employees

Odaily News According to MLive, American fast food chain Steak 'n Shake has announced that, through a partnership with the Fold app, it will award Bitcoin bonuses to all hourly employees at its company-owned stores. Starting March 1, 2026, eligible employees will receive $0.21 worth of Bitcoin for every hour worked, with a two-year vesting period for these bonuses. Based on a 40-hour work week, employees can accumulate approximately $436.80 worth of Bitcoin annually.

This initiative is part of the brand's Bitcoin strategy. Steak 'n Shake began accepting Bitcoin payments last year and has been channeling sales revenue into its "Strategic Bitcoin Reserve (SBR)." On January 16 this year, the company added another $10 million to its Bitcoin position. Steak 'n Shake stated that accepting Bitcoin has not only led to a 10% increase in same-store sales but has also saved 50% on transaction processing fees. (MLive)