Fast food icon Steak ‘n Shake rolled out its new “ Bitcoin Steakburger” on Thursday to celebrate its successful transition to bitcoin payments earlier in the year. The restaurant chain’s Chief Operating Officer (COO), Dan Edwards, once said the firm saves roughly “50% in processing fees” on its bitcoin transactions.
(The new “ Bitcoin Steakburger features two beef patties topped with two slices of cheese. The bun is stamped with a Bitcoin logo / Steak ‘n Shake)
Steak ‘n Shake has more than 100 million customers, 426 locations, and just under 21,000 employees across the U.S. The company is owned by Biglari Holdings (NYSE: BH.A; BH) whose Q2 financials show a boost in restaurant revenue and quarterly net earnings of approximately $50 million versus a net loss of about $48 million during the same period last year.
“In the second quarter of 2025, Steak ‘n Shake’s same-store sales increased by 10.7%,” the firm wrote in August. “ Bitcoin has been a game changer. Thank you Bitcoiners.”
And now, in another nod to the Bitcoin community, Steak ‘n Shake has unveiled a limited edition steakburger named after the cryptocurrency. The $6.49 sandwich features two beef patties and two slices of cheese. Toppings such as pickles, onions, lettuce, and tomatoes can also be added. There’s even a “ Bitcoin Meal” option with a drink and a side of “Super Size Beef Tallow Fries” for $10.98.
The chain ditched seed oils and switched to 100% beef tallow for its fries in January. The move was praised by U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. (RFK), a critic of seed oils who happens to be a vocal bitcoin proponent.
“Five months ago today, Steak ‘n Shake began accepting Bitcoin payments,” the company wrote on X. “In celebration, we are launching the Bitcoin Steakburger…The support we have received from the Bitcoin community has been astounding!”
- What is the Bitcoin Steakburger?
It’s a $6.49 double-patty steakburger stamped with a Bitcoin logo, launched by Steak ’n Shake. - Why did Steak ’n Shake release it?
The chain created it to celebrate adopting bitcoin payments and the community’s strong support. - How has Bitcoin helped the company?
COO Dan Edwards says bitcoin transactions cut processing costs by about 50%. - Who owns Steak ’n Shake?
It’s a subsidiary of Biglari Holdings (NYSE: BH.A; BH), which posted $50 million in Q2 profits.
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