Steak ’n Shake has added $5 million in Bitcoin to its Strategic Bitcoin Reserve, lifting the fund to $15 million and roughly 167.7 BTC at current prices. The Tuesday update follows a $10 million infusion announced on January 18, underscoring the chain’s commitment to funneling all sales conducted in Bitcoin into the reserve. While the exact balance remains undisclosed, management has framed the move as part of a broader fintech-driven transformation aimed at strengthening the chain’s financial flexibility and driving growth across its footprint. Key takeaways Steak ’n Shake increased its Strategic Bitcoin Reserve by $5 million, bringing total holdings to about $15 million (roughly 167.7 BTC at press time). The company began accepting Bitcoin payments across its restaurant network in May, integrating crypto into everyday transactions. Same-store sales growth across company-owned and franchise locations rose 18% so far in 2026, with Bitcoin adoption cited as a primary catalyst. P...