Bitcoin As Bonus: Steak ’n Shake Rolls Out BTC Pay Perks For Workers
Steak 'n Shake will pay all hourly employees a Bitcoin bonus of $0.21 in BTC for every hour worked, starting March 1. The bonus is available only to employees who have completed a two-year vesting period. The company, which began accepting Bitcoin payments in May 2025, reported a significant increase in same-store sales since adopting BTC. All Bitcoin revenue is directed to its Strategic Bitcoin Reserve, which recently saw a $10 million expansion. The initiative is supported by Fold, a financial services platform. Meanwhile, institutional demand for Bitcoin remains strong, with wallets holding 100–1,000 BTC accumulating 577,000 BTC over the past year. Bitcoin is currently trading around $89,200, down 6% over the past week.
bitcoinist01/22 05:02