Steak ‘n Shake Bitcoin Burger Comes With Actual BTC, Thanks to Fold

Publicly traded Bitcoin Services firm Fold is joining restaurant chain Steak ‘n Shake, offering a new promotion that allows shoppers to new Bitcoin Burger to claim real Bitcoin rewards.

The limited-time offer is available at nearly 400 U.S. restaurant locations, and is awarded to those who upload their receipts to bitcoinmealdeal.com with $5 in BTC claimable via the Fold app. Restaurant patrons can order Bitcoin steakburger or Bitcoin meal to earn BTC rewards.

“This is the first of a series of mainstream partnerships that we plan to launch, all focused on demonstrating how Bitcoin can naturally fit into everyday spending,” Fold founder and CEO Will Reeves said. Decrypt. “Fold is already integrated into retail, dining and lifestyle brands through our gift card marketplace, and we will continue to expand into categories that help people earn Bitcoin in simple, secure and rewarding ways.”

bend over offered a similar promotion earlier this yearprovides Bitcoin rewards to those who have purchased Steak ‘n Shake gift cards via their Fold app.

Steak ‘n Shake started tapping into crypto and Bitcoin specifically earlier this year, allowing Bitcoin payments at its restaurants. It is since attributed a portion of its year-over-year sales growth to the Bitcoin community.

This month, the restaurant focused on burgers introduced the Bitcoin Steakburger to celebrate the five-month anniversary of Bitcoin payments. The burger has the iconic Bitcoin logo printed on the top of the bun. The firm plans to add ethereum Payment options too, but scrapped the plans after backlash from the Bitcoin community.

Fold operates as a Bitcoin financial services company, offering a debit card product that provides Bitcoin rewards on everyday purchases. It is also planned the release of a bitcoin credit card, with an open email waiting list.

In February, the company went public on the Nasdaq under the ticker FLD. Shares are down about 3.5% through Friday, and are now down about 68% year-to-date, changing hands at $3.59.

Bitcoin started to bounce back in the last 24 hours, rising 1% to $108,737