Steak “n Shake has announced a groundbreaking initiative to offer hourly employees a Bitcoin bonus beginning March 1, 2026. This innovative approach will see employees earning $0.21 worth of Bitcoin for every hour worked, providing an additional incentive alongside their regular wages.
The program is designed to promote long-term employment by requiring a two-year vesting period before employees can access their accumulated Bitcoin bonuses. For full-time workers, this translates to approximately $8.40 in Bitcoin per week, or about $437 annually, assuming a consistent work schedule.
During the two-year period, the potential Bitcoin bonus could reach around $873, contingent on maintaining the same hours. However, employees who leave before the two-year mark will forfeit their bonuses, underscoring the company”s commitment to retaining talent.
Steak “n Shake clarified that this Bitcoin bonus is distinct from regular pay and other benefits, including overtime, ensuring that it does not affect hourly wage rates. While some critics have labeled the bonus as modest due to the extended vesting period, others see it as a strategic move that could offer significant long-term financial benefits as Bitcoin continues to evolve.
This initiative is part of a broader strategy to integrate cryptocurrency into Steak “n Shake”s operations. In January 2026, the company reported a $10 million increase in its Bitcoin holdings, attributed to its adoption of Bitcoin as a payment method in select locations. By retaining Bitcoin payments in its corporate treasury rather than converting them to cash, Steak “n Shake has enhanced its financial landscape, leading to a 15% increase in same-store sales and a 50% reduction in transaction fees.
To facilitate the Bitcoin bonus distribution, Steak “n Shake is collaborating with the Fold app, which will manage Bitcoin custody and distribution for employees. This partnership aims to streamline the user experience for staff members engaging with their Bitcoin bonuses through a mobile platform.
Management at Steak “n Shake is optimistic that this dual approach of incorporating Bitcoin into employee compensation and corporate treasury will bolster long-term stability and growth for the company.
