Well, butter my biscuit and call me confused! Steak ’n Shake, that venerable purveyor of greasy delights, has decided to toss its apron into the crypto ring, offering its hourly workers a Bitcoin bonus so paltry it’d make a gnat sneeze. Yes, you heard it right-a whopping $0.21 in Bitcoin per hour worked, but don’t go spendin’ it just yet! You’ll have to wait two whole years to get your hands on it. Two years! By then, that Bitcoin might be worth less than a stale fry at the bottom of the bag.
- Critics, sharper than a pickle on a burger, mocked this as a flimsy substitute for a real raise.
- The payout’s so small and the wait so long, it’s like promising a kid candy tomorrow if they eat their broccoli today-ain’t nobody holdin’ their breath.
- Meanwhile, the company’s sittin’ pretty with $10 million in Bitcoin on its balance sheet, acceptin’ crypto payments like it’s the Wild West of finance.
Come March 1, the burger slingers at company-run joints will start rackin’ up these Bitcoin crumbs, but don’t expect a gold rush. After two years, a full-time worker might scrape together less than $900. That’s enough to buy a fancy blender, but not much else. The company, bless its heart, calls this a “loyalty reward,” tweetin’ out, “We take care of our employees; they, in turn, take care of customers; and the results take care of themselves.” Sure, because nothin’ says “we care” like a digital IOU that might not be worth the paper it’s not printed on.
Starting March 1, Steak n Shake will give all hourly employees at its company-operated restaurants a Bitcoin bonus of $0.21 for every hour worked.
Employees will be able to collect their Bitcoin pay after a two-year vesting period. Thank you, @Fold_app, for the assist.
We…– Steak ‘n Shake (@SteaknShake) January 20, 2026
The internet, never one to miss a chance to roast a bad idea, pounced like a cat on a string. Critics called it a “crypto-flavored insult,” while one wag quipped, “Big L. Woulda been better to just give them a packet of ramen for every hour.” Ouch. That’s gotta sting worse than a burnt tongue on hot coffee.
This Bitcoin bonus is part of Steak ’n Shake’s grand crypto experiment, partnerin’ with Fold, a Bitcoin app, and stackin’ $10 million in Bitcoin on its books. Last year, they started takin’ Bitcoin payments via the Lightning Network, claimin’ it cut transaction fees by half. They’re even funnelin’ all Bitcoin sales into a “Strategic Bitcoin Reserve,” bettin’ the farm on digital gold. But if this employee perk is any indication, they might just end up with a digital fool’s gold instead.
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2026-01-22 00:26