Steak ‘n Shake is now including Bitcoin as part of how it pays its employees, though they won’t be able to use it for two years.
On January 20th, the popular burger and milkshake chain announced a new program starting March 1st. They will be giving hourly employees at their restaurants a bonus paid in Bitcoin, based on the number of hours they work.
Steak ‘n Shake, established in 1934, has hundreds of restaurants throughout the U.S., some owned by the company and others run by franchisees. Recently, the company has been focusing on online services, even starting to accept cryptocurrency at a few locations.
How Steak ‘n Shake’s Bitcoin bonus works
Employees who work by the hour at company-owned restaurants will now receive a bonus paid in Bitcoin—specifically, $0.21 for each hour they work, according to a recent post on X.
The company announced that any Bitcoin bonuses earned will be released to employees over two years. After that period, employees will be able to access the Bitcoin they’ve accumulated.
Beginning March 1st, Steak n Shake will reward its hourly workers at company-owned restaurants with a Bitcoin bonus of 21 cents for each hour they work. Employees will receive this Bitcoin after working for two years.
Beginning March 1st, Steak n Shake will give its hourly employees at company-owned locations a bonus paid in Bitcoin. For every hour worked, employees will receive $0.21 in Bitcoin. This Bitcoin will become available to them after working for two years. Steak n Shake partnered with Fold App to make this possible.
— Steak ‘n Shake (@SteaknShake) January 20, 2026
Steak ‘n Shake also mentioned that Fold, a financial app offering Bitcoin rewards, helped them launch the new program.
The announcement became very popular online, reaching over 1.7 million views in just a few hours. The company explained that this was part of their overall plan to pay and keep valuable employees.
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2026-01-21 17:18