--- title: "Steak 'N Shake Says Bitcoin Caused Sales To Rise 'Dramatically' And The Coins Are Flowing To Strategic Reserve That Funds Staff Bonuses" type: "News" locale: "en" url: "https://longbridge.com/en/news/276105617.md" description: "Steak 'N Shake, owned by Biglari Holdings, reported a significant increase in same-store sales after accepting Bitcoin payments. The fast-food chain highlighted the \"transformative power\" of Bitcoin, stating that all Bitcoin sales contribute to a Strategic Bitcoin Reserve, which funds employee bonuses. Recently, the reserve held $11 million in BTC after adding $15 million last month. The company also announced a BTC bonus for hourly employees, collectible after two years. As of now, Bitcoin is priced at $88,811.53, with Biglari shares down 0.48% to $396.75, but up 19.35% year-to-date." datetime: "2026-02-17T07:31:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276105617.md) - [en](https://longbridge.com/en/news/276105617.md) - [zh-HK](https://longbridge.com/zh-HK/news/276105617.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/276105617.md) | [繁體中文](https://longbridge.com/zh-HK/news/276105617.md) # Steak 'N Shake Says Bitcoin Caused Sales To Rise 'Dramatically' And The Coins Are Flowing To Strategic Reserve That Funds Staff Bonuses **Biglari Holdings** (NYSE:BH)-owned fast food chain **Steak ‘n Shake** disclosed Monday that its same-store sales rose dramatically after launching **Bitcoin** (CRYPTO: BTC) payments. ## ‘Transformative Power’ Of Bitcoin Boosts Sales In an X post, the popular burger chain said that it has fused its cash-producing business with the “transformative power” of Bitcoin. “Nine months ago today, Steak n Shake launched its burger-to-Bitcoin transformation when we started accepting bitcoin payments. Our same-store sales have risen dramatically ever since,” Steak ‘n Shake added. > Nine months ago today, Steak n Shake launched its burger-to-Bitcoin transformation when we started accepting bitcoin payments. Our same-store sales have risen dramatically ever since. > > Bitcoin payments for Steak n Shake burgers go into our Strategic Bitcoin Reserve, which then… > > — Steak 'n Shake (@SteaknShake) February 16, 2026 ## **Steak ‘n Shake**‘s Burger-To-Bitcoin Strategy The company stated that all its Bitcoin sales go into a Strategic Bitcoin Reserve, which funds employee bonuses. Steak ‘n Shake added $15 million worth of BTC to the reserve last month. However, the holdings have dwindled to $11 million as of this writing, according to BitcoinTreasuries.net, amid Bitcoin’s recent price slump. The company has been actively integrating Bitcoin into its operations. Last month, it announced a BTC bonus for all hourly employees at its company-operated restaurants, collectible after a two-year vesting period. **Price Action**: At the time of writing, BTC was exchanging hands at $88,811.53, up 0.12% over the last 24 hours, according to data from Benzinga Pro. Biglari shares closed 0.48% lower at $396.75 on Friday. Year-to-date, the stock has lifted 19.35%. 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. **_Disclaimer:_** _This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors._ _Photo: Deutschlandreform via Shutterstock_ ### Related Stocks - [ProShares Bitcoin ETF (BITO.US)](https://longbridge.com/en/quote/BITO.US.md) - [Defiance Daily Target 2X Long RIOT ETF (RIOX.US)](https://longbridge.com/en/quote/RIOX.US.md) - [VanEck Bitcoin ETF (HODL.US)](https://longbridge.com/en/quote/HODL.US.md) - [Invesco Galaxy Bitcoin ETF (BTCO.US)](https://longbridge.com/en/quote/BTCO.US.md) - [Riot Platforms, Inc. (RIOT.US)](https://longbridge.com/en/quote/RIOT.US.md) - [iShares Bitcoin Trust ETF (IBIT.US)](https://longbridge.com/en/quote/IBIT.US.md) - [Hut 8 Corp. (HUT.US)](https://longbridge.com/en/quote/HUT.US.md) - [Galaxy Digital Inc. 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