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Home News Steak’n Shake to Increase Bitcoin Investment, Bitcoin Form of Sales Revenue to be Entirely Placed in Strategic Reserve

Steak'n Shake to Increase Bitcoin Investment, Bitcoin Form of Sales Revenue to be Entirely Placed in Strategic Reserve

Steak’n Shake to Increase Bitcoin Investment, Bitcoin Form of Sales Revenue to be Entirely Placed in Strategic Reserve

BlockBeats News, January 28th, American chain fast food brand Steak’n Shake announced an additional Bitcoin investment, adding a $5 million Bitcoin investment (nominal value).

In addition, the company also announced that sales revenue received in Bitcoin will be fully included in the company’s strategic reserves.

In May of last year, the American fast food brand Steak ‘n Shake announced that it would support Bitcoin payments at all its stores nationwide, and in November, Steak ‘n Shake announced the establishment of a strategic Bitcoin reserve.

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