Steak n’ Shake COO Says Bitcoin Payments Cut Processing Fees in Half

LAS VEGAS, Nevada — Steak n’ Shake has only been accepting bitcoin payments for two weeks, but the American fast food chain’s COO Dan Edwards said it’s already been a “win” for both the company and its customers.Speaking at Bitcoin 2025 in Las Vegas on Tuesday, Edwards said that bitcoin payments have been faster and cheaper than traditional credit card payments.“When customers choose to pay in bitcoin instead of credit cards, we are saving about 50% in our processing fees,” Edwards said. “This means that bitcoin is a win for the customer, it’s a win for us as a merchant, and it’s a win for the bitcoin community source: https://www.coindesk.com/markets/2025/05/27/steak-n-shake-coo-says-bitcoin-payments-cut-processing-fees-in-half