The US fast food chain Steak‘n Shake has added $10 million worth of Bitcoin to its reserves

BlockBeats News, January 19, the iconic US fast food chain Steak‘n Shake has added $10 million worth of Bitcoin to its corporate treasury. This recent strategic purchase highlights the company's strong commitment to adopting cryptocurrency as a key part of its financial strategy.

Steak‘n Shake executives see this efficiency gain as a key driver to expanding their treasury, viewing Bitcoin not just as a means of payment but also as a long-term store of value. Based on the estimated market price at the time of purchase, this $10 million acquisition is approximately equivalent to 105 bitcoins.