Another major retail chain group has entered the scene. The well-known American fast-food brand Steak 'n Shake announced a $10 million investment in a Bitcoin vault and plans to implement Bitcoin payment options across its nationwide stores.
This move signals several messages: First, traditional business giants are shifting from mere recognition of Bitcoin to taking concrete actions. While $10 million is not a huge amount, this public commitment itself expresses a stance to the market—that Bitcoin is no longer an edge asset. Second, expanding payment options is crucial. Accepting Bitcoin payments can help businesses reduce transaction fee pressures and attract highly digitalized young consumers. Over the past two years, the Web3 user base has been expanding, and many brands are exploring how to seize this demographic dividend.
From a cost perspective, Bitcoin payments offer greater flexibility compared to traditional payment networks' fees. From a marketing standpoint, this also sends a friendly signal to the crypto community—combining traditional brands with crypto assets often boosts user enthusiasm and media attention.
Such cases are increasing continuously, reflecting that Bitcoin is shifting from an investment asset to a payment tool.
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DeFiChef
· 11h ago
10 million is really not much, it just feels like riding the hype.
It's the same old marketing trick again, can traditional brands + crypto really hype things up? We'll see.
Steak 'n Shake? Let's wait until they actually use it, haha.
This round of entry was really forced; no one wants to be left behind by the times.
Sounds good, but how many people actually use Bitcoin to buy burgers...
Here comes another one, sooner or later everyone has to catch up, right?
Low transaction fees are fake; honestly, they just want our data.
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MetaNomad
· 11h ago
Once again, it's this kind of hype-chasing operation. 10 million is really not enough to watch.
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notSatoshi1971
· 11h ago
10 million just to ride the hype? Wake up, everyone.
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ForkYouPayMe
· 11h ago
Another new trick to harvest the little guys, fast-food restaurants setting up Bitcoin vaults, really treating us like fools.
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OnchainSniper
· 11h ago
$10 million deployment sounds impressive, but for a brand like Steak 'n Shake, it's just a drop in the bucket—pure marketing hype.
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BearMarketSurvivor
· 12h ago
Here comes the harvest again, traditional giants are really good at this trick.
Another major retail chain group has entered the scene. The well-known American fast-food brand Steak 'n Shake announced a $10 million investment in a Bitcoin vault and plans to implement Bitcoin payment options across its nationwide stores.
This move signals several messages: First, traditional business giants are shifting from mere recognition of Bitcoin to taking concrete actions. While $10 million is not a huge amount, this public commitment itself expresses a stance to the market—that Bitcoin is no longer an edge asset. Second, expanding payment options is crucial. Accepting Bitcoin payments can help businesses reduce transaction fee pressures and attract highly digitalized young consumers. Over the past two years, the Web3 user base has been expanding, and many brands are exploring how to seize this demographic dividend.
From a cost perspective, Bitcoin payments offer greater flexibility compared to traditional payment networks' fees. From a marketing standpoint, this also sends a friendly signal to the crypto community—combining traditional brands with crypto assets often boosts user enthusiasm and media attention.
Such cases are increasing continuously, reflecting that Bitcoin is shifting from an investment asset to a payment tool.