Steak ‘n Shake, a U.S. fast food chain that accepts Bitcoin, announced its expansion into El Salvador. The company expressed pride in being part of 'Bitcoin Country' after participating in the Bitcoin Histórico event. Since May, Steak ‘n Shake has been accepting BTC payments, and COO Dan Edwards aims for global BTC acceptance across all locations. The decision to accept Bitcoin contributed to an 11% increase in same-store sales in Q2. The restaurant has gained popularity within the Bitcoin community, reflecting a growing trend of merchants accepting BTC for everyday purchases, which is essential for mass adoption. In October, the company polled its followers about accepting Ether, but faced backlash from Bitcoin supporters, leading to a retraction of the proposal. Despite this, Steak ‘n Shake reported a 15% increase in same-store sales in Q3, outperforming competitors like McDonald's and Starbucks, solidifying its position in the fast food market. Read more AI-generated news on: https://app.chaingpt.org/news

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