Overview
- The nationwide, limited-time promotion launches October 31 and runs while supplies last, with the companies describing it as the first U.S. menu bundle tied to bitcoin rewards.
- Eligible purchases include a Bitcoin Meal or Bitcoin Steakburger, with one $5 bitcoin code per customer after account activation in the Fold app.
- Availability details diverge: Fold’s release cites about 400 locations nationwide, while Bitcoin Magazine reports 1,200-plus participating restaurants.
- Fold CEO Will Reeves calls the partnership a step toward everyday bitcoin use, and Steak ’n Shake CEO Sardar Biglari frames it as putting the cryptocurrency directly on the menu.
- Context includes Steak ’n Shake’s earlier rollout of Lightning Network payments across U.S. locations and Fold’s recent SPAC listing, with the company disclosing roughly 1,500 BTC in its treasury.