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Steak ‘n Shake Bitcoin payments

Steak ‘n Shake Bitcoin payments now available globally with Lightning Network

https://icn.live/wp-content/uploads/2025/05/Steak-‘n-Shake.mp3
  • by ICN.live
Rami Al-Saadi

Steak ‘n Shake Bitcoin payments are now live across all its locations globally, where regulations allow the use.

The rollout began on May 16 and leverages the Lightning Network for fast, low-cost Bitcoin transactions. This move marks a permanent shift in how the popular fast-food chain handles payments, adding crypto to its official system.

The announcement was made by COO Dan Edwards on May 27 during the Bitcoin 2025 Conference in Las Vegas. He shared that the first day’s performance surpassed expectations. Remarkably, Steak ‘n Shake made up 1 out of every 500 Bitcoin transactions globally on that single day.

Bitcoin demand sizzles in retail

Edwards credited the overwhelming success to eager customers excited to spend Bitcoin in a familiar setting. With crypto now a viable payment method, the chain saw immediate foot traffic increases and return visits. It’s a sign that crypto gaming and digital-savvy users are ready for real-world integration.

The efficiency of the Lightning Network has also helped the brand cut payment processing fees by nearly 50%. That’s a significant saving over traditional credit card methods and boosts bottom-line performance.

Bitcoin isn’t just a novelty for Steak ‘n Shake. Edwards emphasized that this is a serious infrastructure addition, not a gimmick. Alongside traditional fiat methods, Bitcoin will remain a payment choice for customers from now on.

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Steak ‘n Shake Bitcoin payments spark creativity

To celebrate the rollout, several Las Vegas outlets unveiled themed menu items like the Bitcoin Burger, Super-Sized Bitcoin Meal, and Bitcoin Milkshake. The company even teased a “blockchain menu” in development.

Technical implementation was seamless, designed with everyday users in mind. Staff training and systems were updated to ensure smooth checkouts, whether you’re paying in cash, card, or crypto.

Steak ‘n Shake reports a steady stream of Bitcoin payments continuing well beyond the launch. While exact volumes are undisclosed, Edwards confirmed consistent demand and repeat customer use.

Crypto integration fuels digital innovation

Steak ‘n Shake Bitcoin payments are just the start of a broader digital transformation. The brand is investing in blockchain tech, AI, and autonomous systems. Job listings already hint at new engineering hires to build the future of fast food.

Edwards ended his presentation with a clear message: crypto is no longer theoretical in retail. Steak ‘n Shake is adapting to meet evolving customer expectations with real, usable technology. It’s more than burgers—it’s Bitcoin and beyond.

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Can I pay with Bitcoin at every Steak ‘n Shake location?

Yes, Steak ‘n Shake now accepts Bitcoin payments at all its locations globally, where regulations allow it. The integration uses the Lightning Network for faster transactions and lower fees. This means that depending on your country or local laws, Bitcoin could be accepted immediately or after legal frameworks are cleared. The rollout reflects the company’s long-term commitment to crypto, not a limited-time test.

How does the Lightning Network help with Bitcoin payments?

The Lightning Network is a second-layer solution that speeds up Bitcoin transactions and lowers fees. It does this by creating payment channels between users, allowing near-instant settlement without using the Bitcoin blockchain for each transaction. For Steak ‘n Shake, this means customers can pay for food quickly and the company avoids high transaction costs. It’s ideal for everyday purchases like burgers and fries.

Why did Steak ‘n Shake choose Bitcoin over other cryptos?

Bitcoin remains the most recognized and widely used cryptocurrency. Its massive user base and the support of the Lightning Network make it ideal for fast food transactions. Steak ‘n Shake chose Bitcoin because it combines strong brand familiarity with high usability and global reach. While other cryptocurrencies may be considered later, Bitcoin offers the most solid foundation today.

Is this move part of a larger tech upgrade for Steak ‘n Shake?

Absolutely. COO Dan Edwards confirmed that the Bitcoin integration is part of a larger digital transformation. The company plans to explore AI, blockchain technologies, and autonomous systems to enhance operations and customer experience. They’re actively hiring engineers and tech talent, signaling long-term investment in digital evolution—making fast food faster, smarter, and more crypto-friendly.

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