00:00Steak and Shake becomes first national burger chain to pay employee bonuses in Bitcoin.
00:05Fast food workers have seen plenty of perks over the years, free meals, flexible schedules, or maybe a decent health plan if they're lucky.
00:13But cryptocurrency definitely borders on new territory.
00:17Steak and Shake will begin paying hourly workers a Bitcoin bonus tied directly to hours worked, extending the company's recent push into cryptocurrency.
00:25Come March 1, employees at company-operated locations will earn an additional 21 cents in Bitcoin for every hour worked, according to a recent statement posted on X.
00:37The bonus will vest after two years, meaning workers must remain employed to receive the accumulated amount.
00:43How the program works
00:45The hourly Bitcoin reward amounts to roughly 2.9% of the federal minimum wage.
00:50It will be distributed through a partnership with fintech platform Fold, which will handle the tracking and payout of the cryptocurrency.
00:58The program follows Steak and Shake's announcement last week that it added $10 million worth of Bitcoin to its corporate treasury.
01:05The company began integrating Bitcoin into its operations in 2025, when it started accepting Bitcoin payments at U.S. locations using the Lightning Network.
01:15Executives have previously stated that the move was driven by cost savings as well as customer behavior.
01:22COO Dan Edwards said the switch reduced card processing fees by roughly half and helped attract younger customers.
01:30The company even reported that same-store sales growth was more than 10% in the second quarter of 2025 following the rollout.
01:38Steak and Shake isn't just accepting cryptocurrency quietly, either.
01:41The company has also leaned into Bitcoin-themed branding.
01:45In October of last year, it introduced a limited Bitcoin meal, which included a small contribution to open-source Bitcoin development.
01:53Under the new bonus structure, a worker putting in 30 hours per week would earn about $327 worth of Bitcoin over a year, assuming prices remain stable.
02:05The chain has, however, not said whether the Bitcoin bonus will expand to franchise locations or be adjusted over time.
02:15The time going as a week is soon property for a year, let it be scaled up for friendship with the company.
02:22The company has also arrived in — years ago.
02:24Most folks haverets were shocked and admired executives who believe a new 하나� quiven are used toние fun at Appellate.
02:27However, it is calculated because of the paybacks in general and the need to be carried out by exact 물�everião.
02:29The last thing that deals with Bitcoin beingboys only 15% than 9-tiating periods of Bitcoin, which is the each ingredient thatcountry has been consuming,
02:32Bitcoin ni-U.
02:34It tells us where the netáng1 acquired não 10% in the market and каждыйよろしく going to target it for hype now.
02:36The company has nhi run around운 lorsqu confidence and whiten a field on creative marketing� 자기 bank.
Comments