Steak ‘n Shake now accepts Bitcoin payments across all U.S. locations, reducing payment processing fees by nearly 50% using the Lightning Network.
On launch day, the chain accounted for 1 in every 500 BTC transactions worldwide, indicating strong early adoption.
The Lightning Network enables faster, cheaper, and more secure transactions, benefiting fast food’s narrow profit margins.
Steak ‘n Shake's move highlights the practical adoption of Bitcoin as a payment method in the fast-food industry and showcases potential cost-saving benefits.