Steak ‘n Shake Rolls Out Bitcoin Bonuses for Hourly Workers

Steak ’n Shake is launching a Bitcoin bonus program for hourly workers on March 1, 2026. This initiative covers about 400 company-operated restaurants in the U.S., offering employees $0.21 worth of Bitcoin per hour worked. The bonus accumulates over two years but can only be claimed after this vesting period, promoting long-term employment without altering base pay.

Bonus Structure

Full-time employees working 40 hours weekly earn approximately $8.40 in Bitcoin each week.
Total annual Bitcoin bonus amounts to around $437, totaling $873 over two years.
The bonus does not replace cash wages and is separate from overtime and other benefits.

Retention Strategy

The program focuses on employee retention by offering long-term incentives.
While some criticize the small payout, supporters highlight the potential long-term value of Bitcoin.

Broader Crypto Strategy

Steak ’n Shake added approximately $10 million in Bitcoin to its corporate treasury in January 2026.
The chain began accepting Bitcoin payments in May 2025, leading to a 15% increase in same-store sales and reduced transaction costs.
The program uses the Fold app for Bitcoin distribution and storage, facilitating employee interaction through a mobile interface.