STEAK N' SHAKE: BITCOIN PAYMENTS HALVED PROCESSING FEES

Summary from the TLDR Crypto newsletter

Steak n' Shake cut payment processing fees in half by accepting Bitcoin. COO Dan Edwards revealed at Bitcoin 2025 that the fast-food chain saved approximately 50% compared to traditional credit card fees after just two weeks of implementation. The company saw significant adoption on its first day of Bitcoin acceptance, accounting for one in every 500 Bitcoin transactions globally, demonstrating meaningful consumer demand for crypto payment options. Beyond customer payments, Steak n' Shake is also allowing prospective franchisees to purchase franchises with Bitcoin.