The US fast food chain Steak‘n Shake has added $10 million worth of Bitcoin to its reserves

On January 19, iconic U.S. fast-food chain Steak ‘n Shake added $10 million worth of Bitcoin to its corporate treasury. This recent strategic purchase underscores the company’s strong commitment to integrating cryptocurrency as a core component of its financial strategy. Steak ‘n Shake executives view this efficiency gain as a key driver behind expanding its treasury, framing Bitcoin not just as a payment method but also as a long-term store of value. Based on the estimated market price at the time of purchase, the $10 million acquisition equals roughly 105 Bitcoin.