Steak 'n Shake allocates $10 million to Bitcoin, adds BTC to balance sheet
Steak 'n Shake allocated $10 million to Bitcoin on Jan. 17, adding BTC to its balance sheet, BlockBeats reports. The U.S. chain has accepted Bitcoin payments since May 2025 via the Lightning Network to lower credit card fees and attract younger crypto users. The company disclosed Q2 2025 same-store sales rose over 10%, processing fees can drop about 50%, and the latest purchase equals about 105 BTC at current prices.