Burger-To-Bitcoin: Fast Food Chain Steak 'N Shake Ups BTC Exposure By $5 Million - Biglari Holdings (NYSE:BH)
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8 Articles
Burger-To-Bitcoin: Fast Food Chain Steak 'N Shake Ups BTC Exposure By $5 Million - Biglari Holdings (NYSE:BH)
Fast food chain Steak ‘n Shake, a wholly owned subsidiary of Biglari Holdings (NYSE:BH), added $5 million worth of Bitcoin (CRYPTO: BTC) to its Strategic Reserve on Tuesday. Steak ‘N Shake Fattens Bitcoin Coffers The iconic American burger chain made this announcement in an X post, reiterating that all its Bitcoin sales go into the strategic reserve. “Our self-sustaining system — improving food quality that grows same-store sales that then grow…
Steak ’n Shake Reports $5 Million Increase in Bitcoin Reserves as Sales Rise
U.S.-based restaurant chain Steak ’n Shake reported adding approximately $5 million in Bitcoin to its Strategic Bitcoin Reserve (SBR), continuing a policy of allocating Bitcoin-denominated sales to treasury holdings.The reported increase brings the company’s Bitcoin reserve to roughly $15 million, equivalent to about 167.7 Bitcoin based on prices at the time of publication. The update follows a previously disclosed $10 million increase announced…
Steak ’n Shake Adds $5M in Bitcoin as Sales Jump on Lightning Payments Bitcoin News ETHNews
The American fast-food chain Steak ’n Shake has expanded its Bitcoin exposure, adding $5 million worth of Bitcoin to its balance sheet and lifting its Strategic Bitcoin Reserve to roughly $15 million. The move comes amid a sharp improvement in operating performance, with the company reporting an 18% increase in same-store sales so far in 2026, a gain management links directly to its Bitcoin payment strategy and growing support from so-called “Bi…
The most recent purchase of Steak ‘n Shake raises total holdings to about $15 million in Bitcoin. The hamburger chain is driving a Bitcoin adoption strategy since 2025 that includes payments on Bitcoin, a cryptocurrency theme menu, donations to developers, and a satoshi bonus for its employees. *** The latest purchase raises the total holdings of Steak ‘n Shake to $15 million in Bitcoin. The hamburger chain is driving a Bitcoin adoption strategy…
Steak ’n Shake Grows Strategic Bitcoin Reserve With BTC Payments and Treasury Value Increase
Steak ’n Shake added about $10 million in Bitcoin to its Strategic Bitcoin Reserve from customer payments since May 2025. All Bitcoin payments are retained in the company’s reserve rather than converted to cash. The chain uses partnerships like Fold to promote Bitcoin use and lower payment processing costs. Steak ‘n Shake has been taking Bitcoin payments at its restaurants since May 2025, and it has added around 10 million dollars’ worth to thei…
Steak 'N Shake Bolsters Its Strategic Bitcoin Reserve with $5M
Steak ’n Shake has added $5 million in Bitcoin to its Strategic Bitcoin Reserve, lifting the fund to $15 million and roughly 167.7 BTC at current prices. The Tuesday update follows a $10 million infusion announced on January 18, underscoring the chain’s commitment to funneling all sales conducted in Bitcoin into the reserve. While the exact balance remains undisclosed, management has framed the move as part of a broader fintech-driven transforma…
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