Steak n Shake, a U.S.-based diner style restaurant, has decided to create a Bitcoin treasury. To do so, the famous eatery will hold the BTC it receives and create a reserve.
The official X handle of the fast food place announced the development on Friday, October 31. It said that Bitcoiners have helped change the trajectory of its business with matured outlets having roped-in sales of 15 percent or higher in Q3 2025 – compared to the same quarter last year.
Steak n Shake has partnered with a Bitcoin personal finance app called Fold to facilitate the initiative.
“Make your Bitcoin Steakburger a delicious bargain when you purchase and register with Fold App — you get $5 in free Bitcoin, and instructions are provided on your receipt,” the announcement said.
For now, the fast food chain has not revealed plans of purchasing BTC for its treasury. Additionally, the brand has decided to donate 210 sats from every Bitcoin meal it sells to the Open Sats Initiative that provides funding to BTC Core and other efforts. Sats is the lowest denomination of BTC.
The famous American fast food outlet had started accepting order payments in crypto.
With this, Stake n Shake has joined a list of elite companies that have adopted similar BTC-focussed treasury strategies.
Bitplanet and Capital B are among other companies in the U.S. that have pivoted towards adopting Bitcoin treasury plans.