Dossier
$6 million
Coverage of $6 million in the Nexus archive.
- Steak ‘n Shake exec Michael Boes says that if every credit card user switched to Bitcoin, the chain would save approximately $6 million annually — funds he said go directly toward upgrading the food
Steak 'n Shake executive Michael Boes claims that if all credit card users switched to Bitcoin, the chain could save $6 million annually, which would fund food upgrades. The statement highlights potential cost savings from adopting cryptocurrency payments.
- Steak ‘n Shake Says Bitcoin Payments Cut Processing Costs by 50%, Save $6 Million Annually
Steak ‘n Shake reported that implementing Bitcoin payments reduced processing costs by 50%, resulting in annual savings of $6 million. The move highlights the financial benefits of adopting cryptocurrency for business transactions.