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Crypto Prune > News > Crypto > Bitcoin > Fast food chain Steak and Shake pays hourly workers Bitcoin bonuses
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Fast food chain Steak and Shake pays hourly workers Bitcoin bonuses

6 days ago 2 Min Read

Steak and Shake offers Bitcoin to hourly employees BTC$90,226.42 The company announced in a post to X on Tuesday that it would pay bonuses of $0.21 for every hour worked.

The new policy will apply to staff at all company operating locations from March 1, with remuneration fixed after two years.

The bonus (equivalent to about 1% of the federal minimum wage) is the fast food chain’s latest move in widespread acceptance of Bitcoin, which began in May 2025 when it began accepting Bitcoin. BTC Payments can be made via the Lightning Network at all U.S. locations.

This development was more than just a marketing strategy. Dan Edwards, the company’s chief operating officer, previously said the Bitcoin integration would cut card processing fees in half and help attract a younger demographic. Same-store sales increased more than 10% in the second quarter of 2025.

The company announced last week that it would add $10 million worth of Bitcoin to its treasury.

The burger chain’s Bitcoin push includes branding efforts such as a Bitcoin-themed burger released in October. Each “Bitcoin Meal” includes a small donation towards open source Bitcoin development.

This bonus system is operated in partnership with Bitcoin rewards app Fold (FLD). Employees will not have immediate access to virtual currency. The vesting period means you must remain employed for two years before you can collect your accumulated virtual currency. BTC. It’s a long-term bet similar to stock option plans in the tech industry.

A fast food worker who earns 30 hours a week can earn about $327. BTC Under the new system, each year, assuming Bitcoin prices remain stable.

See also  Why was Bitcoin impossible in the 90s?

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