{"id":847174,"date":"2025-05-10T09:11:38","date_gmt":"2025-05-10T14:11:38","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/10\/steak-n-shake-to-start-accepting-bitcoin-at-over-300-outlets-in-us-from-may-16\/"},"modified":"2025-05-10T09:11:38","modified_gmt":"2025-05-10T14:11:38","slug":"steak-n-shake-to-start-accepting-bitcoin-at-over-300-outlets-in-us-from-may-16","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/10\/steak-n-shake-to-start-accepting-bitcoin-at-over-300-outlets-in-us-from-may-16\/","title":{"rendered":"Steak \u2018n Shake to start accepting Bitcoin at over 300 outlets in US from May 16"},"content":{"rendered":"<div data-site=\"CoinJournal\">\n<div data-site=\"CoinJournal\">\n<picture><source  type=\"image\/webp\" media=\"(min-width: 750px)\"><source  type=\"image\/webp\"><source  type=\"image\/jpeg\" media=\"(min-width: 750px)\"><source  type=\"image\/jpeg\"><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/image-29.png\" alt=\"Steak \u2018n Shake to accept Bitcoin at 300 US outlets from May 16\" width=\"100%\" height=\"100%\">\n<\/picture>                            <\/div>\n<ul>\n<li>All 300+ US locations included in launch. Starbucks.<\/li>\n<li>Chipotle use fiat-converted crypto.<\/li>\n<li>Venezuela and El Salvador show mixed results.<\/li>\n<\/ul>\n<p class data-start=\"258\" data-end=\"1036\">Bitcoin is about to face one of its most practical tests yet.<\/p>\n<p class data-start=\"258\" data-end=\"1036\">American fast-food chain <a href=\"https:\/\/x.com\/SteaknShake\/status\/1920647356032139430\">Steak \u2018n Shake announced<\/a> that it will begin accepting the world\u2019s largest cryptocurrency at all of its US locations starting 16 May.<\/p>\n<p class data-start=\"258\" data-end=\"1036\">With more than 300 outlets and over 100 million customers annually, the rollout positions Steak \u2018n Shake as a major player in the push to normalise crypto in everyday transactions.<\/p>\n<p class data-start=\"258\" data-end=\"1036\">The decision also comes at a time when mainstream retailers are under pressure to modernise payment systems.<\/p>\n<p class data-start=\"258\" data-end=\"1036\">For Bitcoin, long seen more as a store of value than a spendable currency, the partnership presents a real-world opportunity to demonstrate its utility\u2014particularly in a low-margin, high-speed retail setting that will challenge its scalability and efficiency.<\/p>\n<h2 class data-start=\"1038\" data-end=\"1066\">Thin margins, high volume<\/h2>\n<p class data-start=\"1068\" data-end=\"1488\">Fast food chains rely on speed, volume, and efficiency to remain profitable.<\/p>\n<p class data-start=\"1068\" data-end=\"1488\">Unlike high-end retail, where large margins allow room to experiment with alternative payment methods, companies like Steak \u2018n Shake must ensure any system change is reliable and cost-effective.<\/p>\n<p class data-start=\"1068\" data-end=\"1488\">Bitcoin\u2019s integration, therefore, becomes more than a gimmick\u2014it is a stress test for how well the cryptocurrency can perform under retail pressure.<\/p>\n<p class data-start=\"1490\" data-end=\"1915\">The announcement was <a href=\"https:\/\/x.com\/SteaknShake\/status\/1898115490368872745\">teased in March<\/a> with a post on X (formerly Twitter), where Steak \u2018n Shake asked followers whether it should accept Bitcoin. That post drew attention from high-profile figures, including former <a href=\"https:\/\/x.com\/jack\/status\/1898139194456719869\">Twitter CEO Jack Dorsey<\/a>.<\/p>\n<p class data-start=\"1490\" data-end=\"1915\">The company <a href=\"https:\/\/x.com\/SteaknShake\/status\/1899968940563997070\">followed up<\/a> with crypto-themed marketing, including a tweet referencing Elon Musk\u2019s Mars ambitions and Robert F. Kennedy Jr.\u2019s vocal support for both Bitcoin and beef tallow.<\/p>\n<h2 class data-start=\"1917\" data-end=\"1944\">Past attempts and pilots<\/h2>\n<p class data-start=\"1946\" data-end=\"2328\">The upcoming rollout differs from earlier, limited experiments by other food chains.<\/p>\n<p class data-start=\"1946\" data-end=\"2328\">Starbucks enabled BTC wallet top-ups in 2021 through the Bakkt app, though the crypto was converted to dollars before reaching the till.<\/p>\n<p class data-start=\"1946\" data-end=\"2328\">Chipotle began accepting over 90 cryptocurrencies in 2022, including Bitcoin, Ether, and Solana, through Flexa\u2014again with automatic conversion to fiat currency.<\/p>\n<p class data-start=\"2330\" data-end=\"2548\">Subway was one of the first fast food chains to test Bitcoin payments back in 2013 at select franchises.<\/p>\n<p class data-start=\"2330\" data-end=\"2548\">Although some stores in crypto-forward cities later revived the initiative, there was no national implementation.<\/p>\n<h2 class data-start=\"2550\" data-end=\"2585\">Global rollouts and legal tender<\/h2>\n<p class data-start=\"2587\" data-end=\"2882\">Outside the US, crypto adoption in food retail has typically responded to local economic pressures.<\/p>\n<p class data-start=\"2587\" data-end=\"2882\">In Venezuela, Burger King briefly accepted Bitcoin and other digital assets in 2020 via a partnership with Latin American platform Cryptobuyer.<\/p>\n<p class data-start=\"2587\" data-end=\"2882\">However, this was limited in scope and short-lived.<\/p>\n<p class data-start=\"2884\" data-end=\"3175\">El Salvador went further by declaring Bitcoin legal tender in 2021.<\/p>\n<p class data-start=\"2884\" data-end=\"3175\">Major brands like Pizza Hut and Starbucks quickly offered crypto payments in the country.<\/p>\n<p class data-start=\"2884\" data-end=\"3175\">Despite the fanfare, national usage has remained low, with some reports citing infrastructure gaps and inconsistent user experiences.<\/p>\n<h2 class data-start=\"3177\" data-end=\"3202\">Native crypto or fiat?<\/h2>\n<p class data-start=\"3204\" data-end=\"3522\">Steak \u2018n Shake has yet to confirm whether it will process Bitcoin natively or convert it to fiat at checkout.<\/p>\n<p class data-start=\"3204\" data-end=\"3522\">Previous retail integrations have mostly favoured instant conversion tools to manage volatility.<\/p>\n<p class data-start=\"3204\" data-end=\"3522\">The answer could define whether this rollout represents genuine on-chain adoption or simply another workaround.<\/p>\n<p class data-start=\"3524\" data-end=\"3694\">If the rollout succeeds, it could prompt other national chains to reassess crypto payments.<\/p>\n<p class data-start=\"3524\" data-end=\"3694\">If it fails, it may reinforce doubts about Bitcoin\u2019s use in everyday commerce.<\/p>\n<div>\n<hr>\n<h6>Share this article<\/h6>\n<hr>\n<h6>Categories<\/h6>\n<hr>\n<h6>Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/steak-n-shake-to-start-accepting-bitcoin-at-over-300-outlets-in-us-from-may-16\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Diya Poddar<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All 300+ US locations included in launch. Starbucks. Chipotle use fiat-converted crypto. Venezuela and El Salvador show mixed results. Bitcoin is about to face one of its most practical tests yet. American fast-food chain Steak \u2018n Shake announced that it will begin accepting the world\u2019s largest cryptocurrency at all of its US locations starting 16<\/p>\n","protected":false},"author":1,"featured_media":847175,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29716,41862],"tags":[],"class_list":{"0":"post-847174","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-shake","8":"category-steak"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/847174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=847174"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/847174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/847175"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=847174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=847174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=847174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}