US fast-food chain Steak ‘n Shake has tipped its hat to Bitcoiners after reporting a ten.7% quarter-on-quarter same-store gross sales enhance in Q2 — outpacing America’s prime meals chains over the identical timeframe.
“Bitcoin has been a recreation changer,” Steak ‘n Shake posted to X on Friday, thanking Bitcoiners for his or her contributions since Might 16, when the quick meals chain began accepting Bitcoin (BTC) as fee.
The strong progress suggests service provider Bitcoin funds should be alive within the US, the place Bitcoin is usually handled as an funding in contrast to in much less developed nations, the place it’s extra often utilized in day-to-day transactions.
“Bitcoin continues to be ignored… however they gained’t be capable to ignore it ceaselessly.”
Steak ‘n Shake’s 10.7% gross sales progress outpaces rivals
Steak ‘n Shake’s same-store gross sales progress would put it on the highest amongst America’s prime quick meals chains within the quarter.
An X publish from Restaurant Enterprise Journal’s editor-in-chief Jonathan Maze on Friday reveals a variety of US quick meals chains together with McDonald’s, Domino’s, and Taco Bell, reporting same-store gross sales progress starting from -7.1% to six.1%.
The quick meals chain began accepting Bitcoin as fee on Might 16 in all of its places the place permitted by regulation, together with in France, Monaco and Spain, along with the US.
It stated that this modification will make cryptocurrency funds obtainable to greater than 100 million of its prospects.
Steak ‘n Shake seen a right away affect in adopting Bitcoin
Round two weeks after the opening day, Steak ‘n Shake’s chief working officer, Dan Edwards, famous that Bitcoin had saved the agency 50% in processing charges.
“Which means that Bitcoin is a win for the client, it is a win for us because the service provider, and it is a win for you within the Bitcoin neighborhood,” Edwards stated on the Bitcoin 2025 convention in late Might.
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He famous that Steak n’ Shake accounted for 0.2% of all Bitcoin transactions on its opening day.
Bitcoin adoption got here after practically 230 of its shops closed
The variety of Steak ‘n Shake shops within the US has fallen from its peak of 628 in 2018 to 397 as of Might 28, 2025, ScrapeHero information states.
Florida is house to essentially the most Steak ‘n Shake shops with 79, about 20% of all Steak ‘n Shake shops within the US.
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