Fast food chain Steak ‘n Shake, a wholly owned subsidiary of Biglari Holdings (NYSE:BH), announced Tuesday it will give a Bitcoin (CRYPTO: BTC) bonus for all hourly employees at its company-operated restaurants beginning March 1.



<h2>Bitcoin Bonuses Are Here?</h2>



In an X post, the iconic American burger chain announced a bonus of $0.21 worth of Bitcoin for every hour worked. 



“Employees will be able to collect their Bitcoin pay after a two-year vesting period,” the company said. 



Steak ‘n Shake has partnered with Fold, a Bitcoin-focused personal finance application, to create the bonus program.



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<blockquote>Starting March 1, Steak n Shake will give all hourly employees at its company-operated restaurants a Bitcoin bonus of $0.21 for every hour worked.    Employees will be able to collect their Bitcoin pay after a two-year vesting period. Thank you, @Fold_app, for the assist.   We…— Steak 'n Shake (@SteaknShake) January 20, 2026</blockquote>
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This move comes after the burger chain added $10 million worth of Bitcoin to its balance sheet, following its decision to accept Bitcoin payments in 2025. The company reported a nearly 50% savings in transaction fees within two weeks, compared to credit card processing.



<h2>Steak ‘n Shake’s Bitcoin Cache</h2>



The incentive was the latest in the company’s ongoing embrace of the leading cryptocurrency. 



In May 2025, Steak ‘n Shake began accepting Bitcoin payments globally through the Lightning Network, a move endorsed by Block co-founder, Jack Dorsey. The company reported a nearly 50% savings in transaction fees within two weeks, compared to credit card processing.



Steak N Shake also sponsored the Bitcoin 2025 Conference, where it shared an update on its push into Bitcoin as a payment option.



Notably, all its Bitcoin sales go into a Strategic Bitcoin Reserve. Earlier this month, it added $10 million worth of additional BTC to the reserves.



Price Action: At the time of writing, BTC was exchanging hands at $89,133.47, down 2.01% in the last 24 hours, according to data from Benzinga Pro.



Biglari shares are down 0.33% in pre-market trading after closing 2.91% lower at $446.80 during Tuesday's regular trading session. Year-to-date, the stock has plunged 64%.



The stock maintains a stronger price trend over the short, medium, and long terms with a high Momentum ranking, according to Benzinga’s Edge Stock Rankings.



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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock

Steak ‘n Shake, a subsidiary of Biglari Holdings, announced a Bitcoin bonus of $0.21 per hour for all hourly employees starting March 1. Employees can collect their Bitcoin after a two-year vesting period. This initiative follows the company's decision to accept Bitcoin payments in 2025 and adds to its $10 million Bitcoin reserve. The company reported significant savings in transaction fees since adopting Bitcoin. Currently, Bitcoin is priced at $89,133.47, while Biglari shares have seen a decline of 64% year-to-date.

- Fast food chain Steak ‘n Shake will start providing hourly employees a Bitcoin bonus of $0.21 for each hour worked, effective March 1.  
- Employees can collect this Bitcoin after a two-year vesting period, and the program is in partnership with Fold, a Bitcoin finance app.  
- This initiative follows the company's decision to accept Bitcoin payments in 2025, leading to significant savings in transaction fees, and it has increased its Bitcoin reserves by $10 million.

Bitcoin Bonuses: Steak 'N Shake Announces Latest Perk For Hourly Workers