FeesSafety
Pluang+

Burger chain Steak 'n Shake boosts sales and employee pay with bitcoin, calling itself a 'Bitcoin company'.

Market News
31 Aug 2026, 04:31 WIB
Bitcoin
View Source
Bullish
Burger chain Steak 'n Shake boosts sales and employee pay with bitcoin, calling itself a 'Bitcoin company'.

Steak 'n Shake, a burger chain founded in 1934, has embraced bitcoin by accepting it as payment since May 2025, leading to a 13.8% same-store sales growth in Q2 2026. The company routes bitcoin payments into a Strategic Bitcoin Reserve and pays hourly employees a bitcoin bonus of 21 cents per hour worked. This bitcoin strategy has helped reduce costs, strengthen sales, and support reinvestment in food quality. Steak 'n Shake now brands itself as a 'Bitcoin company' and plans to expand into Latin America, starting with El Salvador, due to its bitcoin-friendly stance.

More News

3E Network faces Nasdaq delisting over low share price, plans hearing to appeal and regain compliance.

3E Network faces Nasdaq delisting over low share price, plans hearing to appeal and regain compliance.

3E Network Technology Group Limited received a notice from Nasdaq that its Class A shares will be delisted due to the share price falling below $1.00 for 30 consecutive business days. The company is not eligible for a compliance period because of a r...

Market News
Bearish
1 hour ago
Philips launches HyperVue Integrated System in the U.S. for advanced coronary imaging and physiology in cath labs

Philips launches HyperVue Integrated System in the U.S. for advanced coronary imaging and physiology in cath labs

Philips has introduced the HyperVue Integrated System in the U.S., a fixed, single-room setup combining DeepOCT+NIRS imaging with X1-FFR physiology assessment for coronary interventions. This system is designed to streamline cath lab workflows by kee...

Others
Bullish
1 hour ago
Atlas Copco expands US manufacturing with new facilities in New York and South Carolina

Atlas Copco expands US manufacturing with new facilities in New York and South Carolina

Atlas Copco Group completed Expansion Week in the US, unveiling three major manufacturing expansions in New York and South Carolina. The new facilities will increase production of oil-free compressors, dry vacuum pumps, and gas and process equipment,...

Market News
Bullish
2 hours ago
Mohawk Industries posts solid Q3 2026 with $2.8B sales, 2% EPS growth, and $500M new share buyback plan

Mohawk Industries posts solid Q3 2026 with $2.8B sales, 2% EPS growth, and $500M new share buyback plan

Mohawk Industries reported Q3 2026 net sales of $2.8 billion, up about 1%, driven by price increases offsetting lower volumes amid weak demand. Adjusted EPS rose 2% to $2.72, supported by productivity and pricing strategies. The company generated $39...

Company Fundamentals
Bullish
3 hours ago
ADP set to raise dividends with strong earnings and growth outlook, shares undervalued by 9%.

ADP set to raise dividends with strong earnings and growth outlook, shares undervalued by 9%.

Automatic Data Processing (ADP) is expected to increase its dividend payout next month, continuing its 51-year streak of annual dividend growth. The company recently reported better-than-expected earnings and raised its adjusted diluted EPS growth gu...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App