U.S. burger chain Steak 'n Shake said on X that it has posted double-digit same-store sales growth since it began accepting Bitcoin payments in May 2025. The company said franchise same-store sales rose 19% this quarter and that Bitcoin has become a core driver of business performance. Steak 'n Shake processes Bitcoin transactions through the Lightning Network and said using Bitcoin can cut payment processing costs by about 50%, compared with the 2.5% to 3.5% fees typically charged by traditional credit card processors. Chief MAHA Officer Michael Boes also said at the Bitcoin 2026 conference that Bitcoin had become central to the chain’s operating momentum. The company added that it placed $10 million in Bitcoin into its strategic reserve in January this year. It had also considered accepting other cryptocurrencies, but dropped that plan after an X poll showed users believed Bitcoin alone was sufficient.
U.S. burger chain Steak 'n Shake said on X that it has recorded double-digit same-store sales growth since it began accepting Bitcoin payments in May 2025. The company said franchise same-store sales rose 19% this quarter.
Steak 'n Shake processes Bitcoin payments through the Lightning Network. At the Bitcoin 2026 conference, the company’s Chief MAHA Officer Michael Boes said Bitcoin had become a core driver of the chain’s business performance.
Same-store sales figures
According to the company, same-store sales increased 11% quarter-over-quarter in the second quarter of 2025, then accelerated to 15% in the third quarter. It said that pace was ahead of major competitors including McDonald’s, Taco Bell, and Domino’s Pizza.
Payment costs and Bitcoin reserves
Steak 'n Shake said Bitcoin payments can reduce processing costs by about 50%. Traditional credit card processors typically charge transaction fees of 2.5% to 3.5% per purchase, according to the company.
Beyond payments, the company said it added $10 million in Bitcoin to its strategic reserve in January this year. It had also considered accepting other cryptocurrencies, but abandoned that plan after a poll on X showed users believed Bitcoin alone was needed.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
