Steak ‘n Shake, an American fast food restaurant company, first began accepting BTC in May and is now expanding its stores to El Salvador.
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Steak ‘n Shake, a fast food restaurant company in the United States that accepts Bitcoin (), announced on Saturday that it is expanding into El Salvador.
“We were honored to be in Bitcoin Country,” the company in an X post following Steak ‘n Shake’s participation in the country’s Bitcoin Histórico event on Wednesday and Thursday.
Steak ‘n Shake at its stores in May, and the company’s chief operations officer, Dan Edwards, told Cointelegraph that the goal is to have BTC accepted at all of the company’s locations worldwide.
The company attributed a nearly in Q2 to its decision to start accepting BTC at its restaurants.
The company has become iconic in the Bitcoin community and highlights the growing number of . Acceptance of BTC as is also a precursor to mass adoption.
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Steak ‘n Shake polled its followers on the X social media platform in October, asking whether it should accept Ether () as payment at its locations.
53% of the 48,815 followers polled in favor of the proposal, sparking significant from the Bitcoin community.
“ETH is centralized garbage. Bitcoin is freedom. Doing this would lose you all your Bitcoiner business, including mine,” Bitcoin maximalist Ron Sovereignty Swanson in response.
Although initially promising to “abide by the results” of the social media poll, Steak ‘n Shake to accept ETH.
“Poll suspended. Our allegiance is with Bitcoiners. You have spoken. Who even allowed this? I’m back at my desk,” the company on October 11 — the same day the poll was initiated.
In November, the company strong Q3 sales, touting a 15% quarter-over-quarter increase in same-store sales.
Steak ‘n Shake managed to lead all other competitors in the fast food category for same-store sales increases in Q3, including McDonald’s, Burger King, Taco Bell, and coffeehouse Starbucks.
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