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would you like Bitcoin With that?
steak milkshake It was announced on Tuesday that there would be an hourly service employee one Bitcoin Bonus as part of new compensation plan.
“Starting March 1, Steak n Shake will provide all hourly employees in its corporate operations Restaurant Get a $0.21 Bitcoin bonus for every hour worked,” a company owned by Biglari Holdings say on X.
“Employees will be able to receive wages in Bitcoin after a two-year vesting period. Thank you, @Fold_applooking for help,” the company said of a Bitcoin-focused personal finance app that supports bonus distribution.
The statement concluded: “We take care of our employees; in turn, they take care of their customers; the results follow.”
Bonuses are not available immediately. Employees must work for the company for at least two years before they can access, transfer or sell accumulated Bitcoins, a vesting period that reflects stock-style incentives.
Rewards are not immediate, as employees must stay for two years before they can access, transfer or sell their accumulated Bitcoins. Still, the setup reflects stock-style incentives. At current prices, a worker working 30 hours a week can earn approximately $327 per year in Bitcoin, coin deck Report.
The new policy, which comes less than a year after Steak ‘n Shake began accepting Bitcoin via the Lightning Network in May, quickly paid off, cutting transaction fees nearly in half in just two weeks.
The company makes no secret of its cryptocurrency Embrace this shift, push for it publicly, sponsor the Bitcoin 2025 conference, and add $10 million in Bitcoin to its balance sheet, increasing its total holdings in its “Strategic Bitcoin Reserve.”
“We have created a self-sustaining system – same-store sales growth drives SBR growth. Improved food quality expands Steak n Shake’s reach and leverages Bitcoin into a new delicious dimension,” the company said Friday said on X.
Steak ‘n Shake is even launching a Bitcoin-themed burger in October, with a small donation from each “Bitcoin meal” supporting the development of open-source Bitcoin.
The company has also modernized its operations amid shrinking U.S. business. The chain’s store count has dropped from more than 600 in 2018 to about 400 by the end of 2025. The brand, known for its classic steakburgers and milkshakes, has adopted a franchise partner, self-kiosk quick-service model while maintaining its signature retro theme.
In August, Steak ‘n Shake reaffirmed its commitment to its roots, Criticize Cracker Barrel After facing backlash after launching and then withdrawing an updated logo, many MAGA supporter see as Erasing the chain’s legacy.
“At Steak n Shake, we are proud of our history, our family and our American values. All are welcome. We will never sell ourselves cheaply and distance ourselves from our past just to gain approval from trend-seekers,” the company said say on X.