Steak ‘n Shake is offering customers another payment option, as it will start accepting bitcoin.
Beginning Friday, May 16, Steak ‘n Shake’s 393 U.S locations will accept this form of cryptocurrency payment, joining a handful of other fast-food chain restaurants, including Subway and Chipotle, in this burgeoning space.
Steak ‘n Shake CEO Dan Edwards said in a statement to Cointelegraph, “Our goal is to utilize bitcoin at all locations, including all international units. Each country will announce its own launch date.”
The fast-food chain made the announcement of its Bitcoin embrace with a social media post, saying, “The movement is just beginning,” and signing off as “steakoshi” in reference to bitcoin’s anonymous creator, Satoshi Nakamoto.
Steak ‘n Shake’s embrace of bitcoin was foretold by its switch to beef tallow as its main cooking oil. The move away from seed oil was preferred by a subset of the bitcoin community and was also championed by Secretary of Health and Human Services Robert F. Kennedy Jr.
