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Biglari said Steak ‘n Shake saw same-store sales rise after adopting Bitcoin payments and building a corporate BTC reserve tied to employee bonuses.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02The Glory Holdings said its stake Nshake chain saw same-store sales rise after launching Bitcoin
00:07payments nine months ago. In a post on X, the company said its same-store sales have risen
00:12since it began accepting Bitcoin payments nine months ago as part of its burger-to-Bitcoin
00:17transformation. Stake Nshake directs all Bitcoin sales into a strategic Bitcoin reserve that funds
00:23employee bonuses. The company added $15 million in BTC to the reserve last month.
00:28Holdings have since declined to $11 million, according to BitcoinTreasuries.net,
00:34amid a recent price slump. The company said it is integrating Bitcoin into its operations and last
00:39month announced a BTC bonus for hourly employees at company-operated restaurants with a two-year
00:45vesting period. For all things money, visit Benzinga.com.
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