Las Vegas, Nevada – Steak N ‘Shake has only accepted Bitcoin payments for two weeks, but the US fast food chain’s COO Dan Edwards said it has already been a “victory” for both the company and its customers.
Edwards said on Bitcoin 2025 in Las Vegas on Tuesday, saying Bitcoin payments have been faster and cheaper than traditional credit card payments.
“When customers choose to pay in Bitcoin instead of credit card, we save about 50% in our treatment fees,” Edwards said. “This means that Bitcoin is a victory for the customer, it is a victory for us as a grocer, and it is a victory for the Bitcoin community.”
Edwards said on May 16 that day Steak N ‘Shake began to accept Bitcoin payments, one in every 500 Bitcoin transaction globally happened at Steak N’ Shake.
“Accepting Bitcoin allows us to meet our customers where our customers are,” Edwards said. “We sought to give our customers another viable opportunity to pay for our products. We understand that giving customers the opportunity to pay with Bitcoin together with cash and credit cards, put Bitcoin on par with these methods, the other globally accepted payment methods.”
Edwards added that you can buy more than just a burger and beef stall-fries fries with your Bitcoin on the Steak N ‘Shake company also allows franchisees to buy their franchise with Bitcoin.
Riding success with Bitcoin payments said Edwards that the company is looking for other ways it can embrace technology to bring its food into the future-inclusive Robo-Taxis, Cyber Chefs and Drones.
