Fast Food Goes Crypto: Steak ’n Shake to Accept Bitcoin Nationwide

Last Updated on May 9, 2025

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Steak n Shake fast food restaurant wall sign. Source: billtster - stock.adobe.com

Key Takeaways:

  • Steak ’n Shake will begin accepting Bitcoin payments nationwide starting May 16.
  • The brand has leaned heavily into crypto-themed marketing since March, earning support from figures like Jack Dorsey.
  • This move places Steak ’n Shake among a small but growing group of fast food chains adopting crypto payments beyond pilot programs.

Steak ’n Shake has announced that it will begin accepting Bitcoin payments at all its locations starting May 16, marking a significant move toward mainstream crypto adoption

The announcement was made on May 9 via X, with the company playfully signing off as “Steaktoshi.” 

The fast food chain first hinted at the idea in March through a social media poll, which drew enthusiastic responses from the crypto community, including a quick endorsement from Jack Dorsey

Since then, Steak ’n Shake has embraced Bitcoin-themed marketing, incorporating Tesla giveaways, Bitcoin imagery, and bold slogans like “The future is bright.” 

This decision places the chain ahead of many competitors that have only dabbled in limited crypto payment trials

Other fast food giants like Chipotle, Subway, McDonald’s, and Pizza Hut have also explored crypto payments in specific regions or one-time promotions. 

The news also arrives ahead of Bitcoin Pizza Day on May 22, commemorating the historic 2010 transaction where 10,000 BTC was used to buy two pizzas. 

Steak ’n Shake’s move reinforces the growing connection between fast food and crypto culture.

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