Steak ’n Shake has reported a dramatic boost in sales after beginning to accept Bitcoin ($BTC) payments, which also led to a 50% reduction in processing fees. The company now directs its Bitcoin payments into a reserve that funds employee bonuses. This move aligns with a growing trend among restaurants and retailers to accept $BTC, allowing them to lower payment costs and attract cryptocurrency users while also exploring innovative treasury strategies such as using cryptocurrency reserves for employee incentives.
Steak ’n Shake reports Bitcoin payments boost sales and cut fees
