91-year-old fast food chain launches limited-edition Steakburger
Original story by: TheStreet
Last updated: Oct 16, 2025
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- Context: American fast food chain Steak 'n Shake is releasing a limited-edition Bitcoin Steakburger to commemorate five months of accepting Bitcoin payments. This initiative highlights the company's positive experience with cryptocurrency adoption and its commitment to the Bitcoin community.
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- Detailed Summary:
- Steak 'n Shake, a prominent American fast food chain founded in 1934 and known for its steakburgers and milkshakes, announced on October 16th the launch of a limited-edition "Bitcoin Steakburger."
- The new menu item celebrates five months since the chain began accepting Bitcoin payments globally via the Lightning Network on May 16th.
- Jack Dorsey, co-founder of Twitter and Block, Inc., has publicly supported Steak 'n Shake's Bitcoin adoption and has been seen paying for meals with Bitcoin.
- According to Steak 'n Shake executive Dan Edwards, the chain has observed approximately 50% savings on processing fees by accepting Bitcoin compared to traditional credit card payments.
- The fast food chain has cultivated a strong following within the Bitcoin community, even facing backlash and withdrawing plans to accept Ethereum payments due to strong "Bitcoin maximalist" sentiment.
- The limited availability of the Bitcoin Steakburger is a deliberate marketing strategy, with the company stating, "Supplies are limited....just like Bitcoin."
- Steak 'n Shake expressed gratitude to the Bitcoin community for its significant support.
- The article also notes recent Bitcoin price fluctuations, mentioning an all-time high and its current trading price at the time of the report.
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