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Fast-Food Chain Steak ‘n Shake to Pay Hourly Workers a Bitcoin Bonus

Bitcoin Magazine
Steak 'n Shake will offer hourly employees a Bitcoin bonus worth $0.21 per hour worked, vesting after two years.

Summary

Fast-food chain Steak ‘n Shake is introducing a Bitcoin bonus program for its hourly employees at company-operated locations starting March 1st. Workers will earn a bonus equivalent to $0.21 per hour worked, which will vest over two years. This bonus is administered in partnership with the Fold rewards application and is treated as an incentive alongside regular dollar wages. This initiative follows the company's broader adoption of Bitcoin, which includes accepting payments via the Lightning Network since 2025, a move that reportedly halved processing fees and boosted sales. Furthermore, Steak ‘n Shake recently disclosed adding $10 million worth of Bitcoin to its corporate treasury and has engaged in Bitcoin-themed marketing, such as a "Bitcoin Meal."

(Source:Bitcoin Magazine)