Steak 'n Shake has announced a new initiative to reward its employees with Bitcoin, featuring a two-year vesting period before the cryptocurrency can be accessed. Employees must remain with the company for two years to unlock, transfer, or sell the Bitcoin rewards, which are estimated to be worth approximately $327 annually for those working around 30 hours per week at current Bitcoin prices.
This move follows Steak 'n Shake's adoption of Bitcoin payments via the Lightning Network last year, which significantly reduced transaction fees. The company is also expanding its involvement in the cryptocurrency space by sponsoring the Bitcoin 2025 conference and maintaining a $10 million Bitcoin reserve. Additionally, Steak 'n Shake has introduced a Bitcoin-themed meal, with part of the proceeds supporting Bitcoin's open-source development.
Steak 'n Shake Introduces Bitcoin Rewards with Two-Year Vesting for Employees
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