Steak ‘n Shake adds $5M in Bitcoin to reserve as in-store sales grow 18% - Source: CoinTelegraph

US fast-food restaurant chain Steak ’n Shake has added $5 million worth of Bitcoin to its Strategic Bitcoin Reserve as part of a pledge to funnel all sales made in Bitcoin straight into the fund.

The move takes the company’s total Bitcoin holdings to $15 million, equivalent to roughly 167.7 BTC at the time of publication, following a $10 million increase announced on Jan. 18.

However, it is not clear exactly how much Bitcoin it holds, nor whether the amount reflects price appreciation, customer payments, or additional treasury purchases.

Story continues: https://cointelegraph.com/news/steak-n-shake-bitcoin-accumulation-strategic-reserve-btc-payments