Steak n’ Shake Sees Early Wins with Bitcoin Payments, Plans Futuristic Tech Upgrades

Fast-food chain cuts fees and eyes innovations like robo-taxis and drones

LAS VEGAS, Nevada — In just two weeks since launching bitcoin payments, Steak n’ Shake is already reaping the benefits, says COO Dan Edwards.

Speaking at Bitcoin 2025 in Las Vegas, Edwards highlighted that bitcoin transactions are proving faster and far cheaper than traditional credit card payments. “By accepting bitcoin, we’re saving about half on processing fees compared to credit cards,” he noted. “It’s a win-win for both our customers and the company — and a big plus for the bitcoin ecosystem.”

On the very first day of bitcoin adoption, Steak n’ Shake processed one out of every 500 bitcoin transactions worldwide, signaling strong enthusiasm from customers.

“We want to offer payment options that match where our customers are headed,” Edwards said. “By putting bitcoin alongside cash and cards, we’re elevating it to a globally accepted payment method.”

Beyond the register, the company is embracing crypto in other ways: franchise purchases can now be made with bitcoin, making it easier for entrepreneurs to join the Steak n’ Shake family.

Looking forward, Edwards teased bold plans to integrate emerging technologies like robo-taxis, automated chefs, and drone deliveries — aiming to redefine fast food for the digital age.