Oct. 30 at 11:26 AM
$BH Steak ’n Shake, the fast-food chain owned by Biglari Holdings Inc. (NYSE: BH), does not hold any Bitcoin as of October 30, 2025. The company began accepting Bitcoin payments via the Lightning Network at all U.S. locations on May 16, 2025, but these are instantly converted to USD through a third-party processor, meaning no BTC is retained on their balance sheet.
Speed is the third-party processor handling Bitcoin payments for Steak ’n Shake. As a Bitcoin and stablecoin payment infrastructure provider, Speed enables Lightning Network transactions across all U.S. locations
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