Search results for "FOLD"
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08:32

Steak ’n Shake once again increases Bitcoin holdings, adding $5 million to strategic reserves

On January 28, news broke that the American fast-food chain Steak ’n Shake announced an addition of approximately $5 million worth of Bitcoin to its strategic reserve fund, increasing the company's total Bitcoin holdings to about $15 million, equivalent to approximately 168.6 BTC. The company stated that all revenue from Bitcoin payment channels will be directly injected into this long-term reserve system. On January 27, Steak ’n Shake disclosed on the X platform that it is driving same-store sales growth by improving food quality, and the cash flow generated from this is continuously converted into strategic Bitcoin reserves. Management said this model is forming a "self-sustaining" closed-loop system, deeply integrating traditional restaurant operations with fintech.
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03:06

Steak 'n Shake will offer its hourly workers a Bitcoin incentive of $0.21 per hour

Foresight News reports that American fast-food chain Steak 'n Shake announced that starting March 1, it will award 0.21 USD worth of Bitcoin for every hour worked by all hourly employees at its company-operated restaurants. The program has a two-year vesting period, and employees will be able to claim their earned Bitcoin after two years. The program is facilitated by the digital asset platform Fold App.
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BTC1,55%
10:26
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Today's Digital Money News (December 23) | Michael Selig officially takes charge of the CFTC; Bitcoin company Fold Holdings selected for the Russell 2000

This article summarizes cryptocurrency news as of December 22, 2025, focusing on the latest Bitcoin news, Ethereum upgrades, DOGE trends, real-time crypto asset prices, and price predictions. Today's major events in the Web3 field include: 1. The first Bitcoin financial services company, Fold Holdings, has been listed in the Russell 2000, while MSCI plans to exclude companies with encryption holdings; 2. Pro-crypto Michael Selig officially takes charge of the CFTC, with acting chair Caroline Pham transitioning to an executive role at MoonPay; 3. BlackRock positions the spot Bitcoin ETF as a core asset allocation for 2025, as one of the three major investment themes.
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BTC1,55%