US fast-food chain Steak ‘n Shake has tipped its hat to Bitcoiners after reporting a ten.7% quarter-on-quarter same-store gross sales improve in Q2 — outpacing America’s high meals chains over the identical timeframe.
“Bitcoin has been a sport changer,” Steak ‘n Shake posted to X on Friday, thanking Bitcoiners for his or her contributions since Might 16, when the quick meals chain began accepting Bitcoin (BTC) as fee.
The strong development suggests service provider Bitcoin funds should be alive within the US, the place Bitcoin is generally handled as an funding in contrast to in much less developed international locations, the place it’s extra regularly utilized in day-to-day transactions.
“Bitcoin continues to be ignored… however they gained’t have the ability to ignore it eternally.”
Steak ‘n Shake’s 10.7% gross sales development outpaces rivals
Steak ‘n Shake’s same-store gross sales development would put it on the highest amongst America’s high quick meals chains within the quarter.
An X put up from Restaurant Enterprise Journal’s editor-in-chief Jonathan Maze on Friday shows a spread of US quick meals chains together with McDonald’s, Domino’s, and Taco Bell, reporting same-store gross sales development starting from -7.1% to six.1%.
The quick meals chain started accepting Bitcoin as fee on Might 16 in all of its areas the place permitted by regulation, together with in France, Monaco and Spain, along with the US.
It stated that this variation will make cryptocurrency funds out there to greater than 100 million of its prospects.
Steak ‘n Shake observed a right away impression in adopting Bitcoin
Round two weeks after the opening day, Steak ‘n Shake’s chief working officer, Dan Edwards, famous that Bitcoin had saved the agency 50% in processing charges.
“Which means Bitcoin is a win for the client, it is a win for us because the service provider, and it is a win for you within the Bitcoin neighborhood,” Edwards stated on the Bitcoin 2025 convention in late Might.
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He famous that Steak n’ Shake accounted for 0.2% of all Bitcoin transactions on its opening day.
Bitcoin adoption got here after practically 230 of its shops closed
The variety of Steak ‘n Shake shops within the US has fallen from its peak of 628 in 2018 to 397 as of Might 28, 2025, ScrapeHero data states.
Florida is residence to probably the most Steak ‘n Shake shops with 79, about 20% of all Steak ‘n Shake shops within the US.
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