Steak ‘n Shake Slashes Fees by 50% After Bitcoin Rollout

Steak ‘n Shake might be famous for its burgers and milkshakes, but now it’s making headlines for something entirely different: Bitcoin. The American fast-food chain recently shared that it’s seeing early success after adopting Bitcoin payments at all U.S. locations, and the numbers are turning heads across both the crypto and restaurant industries.

Fast-Food Meets Lightning Network

At the Bitcoin 2025 Conference in Las Vegas, Steak ‘n Shake COO Dan Edwards took the stage with a bold claim: the company has already cut payment processing fees in half thanks to Bitcoin. Instead of relying on traditional credit card rails, which often come with fees between 2 and 3 percent, the chain has been using the Lightning Network, a layer-2 solution that allows for fast and low-cost Bitcoin transactions.

JUST IN: STEAK N SHAKE JUST SAID "#BITCOIN IS FASTER THAN CREDIT CARDS". "WE ARE SAVING 50% IN PROCESSING FEES"

"WE ARE SEEING A SPIKE IN GROWTH AFTER ACCEPTING BTC"

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