Steak ‘n Shake to Pay Hourly Workers in Bitcoin

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Starting March 1, 2026, Steak n Shake will give hourly employees at its 400 company-operated U.S. locations a Bitcoin bonus of $0.21 per hour via Fold app integration. The rewards will vest after two years to promote employee loyalty. This initiative follows the chain’s May 2025 Bitcoin payment rollout, which increased same-store sales by 15 percent and reduced transaction costs by 50 percent. Supported by a multi-million-dollar Bitcoin treasury, the program highlights the chain’s expanding use of cryptocurrency to boost compensation and retention.