Steak ‘n Shake to Accept Bitcoin Nationwide 2025
- Steak ‘n Shake to accept Bitcoin nationwide in May 2025.
- First major U.S. fast-food chain to fully integrate.
- Coincides with Bitcoin price reaching $100,000 milestone.
Steak ‘n Shake will start accepting Bitcoin payments across all U.S. locations beginning May 16, 2025, marking the first major restaurant chain to implement this nationwide.
The move signifies not just innovation in payment methods but sets a significant precedent as a large-scale adoption of cryptocurrency by a major restaurant chain in the U.S.
Steak ‘n Shake’s decision to accept Bitcoin follows a viral poll on social media, receiving over 250,000 responses. Tech entrepreneur Jack Dorsey was notably supportive, enhancing the campaign’s visibility. The campaign included Bitcoin-themed ads and social media promotions.
Steak ‘n Shake outlined plans to facilitate Bitcoin payments at all 393 U.S. locations. This shift is also heralded as a landmark in crypto adoption by U.S. fast-food chains. It signifies a considerable shift toward mainstream adoption.
Bitcoin prices rallied following the announcement, breaking $100,000 for the first time since February 2025. Financial markets have shown enthusiasm, with heightened interest from the cryptocurrency community. “The announcement has created excitement across crypto communities.”
Industry experts suggest this event could catalyze wider adoption of cryptocurrency payment systems across the food sector. An earlier rollout of regional crypto payments could precede this, impacting strategies of other chains.
Concerns remain about technological and regulatory challenges, but successful integration could innovate fast-food financial transactions. Historical trends might foreshadow a boom in cryptocurrency use, with Bitcoin possibly being integrated into everyday transactions by 2025.
