Steak 'n Shake says sales rose after introducing Bitcoin (BTC) payments

JH Kim

Summary

Steak 'n Shake said sales rose sharply after introducing a Bitcoin (BTC) payment option.
According to Watcher.Guru, Steak 'n Shake said sales increased meaningfully after it began supporting Bitcoin payments.
Steak 'n Shake said last year it would support Bitcoin payments at all of its stores worldwide, adding Bitcoin as a payment method alongside cash and cards.

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U.S. fast-food chain Steak 'n Shake said its sales have jumped since it introduced a Bitcoin (BTC) payment option.

According to Watcher.Guru, a specialist media outlet covering virtual assets (cryptocurrencies), Steak 'n Shake said sales increased meaningfully after it began supporting Bitcoin payments. It did not disclose the specific rate of increase or the size of sales.

Previously, Steak 'n Shake said it would support Bitcoin payments at all of its stores worldwide starting last year. As a result, customers visiting its stores can now pay with Bitcoin in addition to cash and cards.