Steak 'n Shake Integrates Bitcoin Payments Globally, Achieves 15% Sales Growth
- Bitcoin Payment Integration: Steak 'n Shake announced a global rollout of Bitcoin payments starting May 16, 2025, which is expected to enhance customer engagement and drive sales growth by reducing transaction fees by 50%.
- Significant Sales Growth: Since implementing Bitcoin payments, Steak 'n Shake has seen a 15% increase in same-store sales, reflecting customer acceptance of the new payment method and potentially prompting other fast-food chains to adopt similar strategies.
- Strategic Partnership: The collaboration with Fold Holdings Inc. allows customers to earn Bitcoin rewards through everyday purchases, which not only enhances customer loyalty but also further embeds cryptocurrency into daily transactions.
- Far-Reaching Industry Impact: Steak 'n Shake's Bitcoin payment initiative is viewed as a pivotal step towards mainstream cryptocurrency adoption, potentially influencing future payment models in the fast food and retail sectors, driving the industry towards digital currency integration.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36063.262 | 48031.631 | 60333.282 | 72301.651 | 84603.302 | 96571.671 | 108873.322 |
| Fibonacci | 48031.631 | 57302.779 | 63030.503 | 72301.651 | 81572.799 | 87300.523 | 96571.671 |
About BTC
About the author







