Steak ‘n Shake to Deposit All Bitcoin Payments into Strategic Reserve
The U.S. restaurant chain announces plans to allocate all Bitcoin transactions to its Strategic Bitcoin Reserve, with more cryptocurrency partnerships expected.
BTC
Summary
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Terms & Concepts
- Strategic Bitcoin Reserve: A designated holding managed by a company for accumulating and storing Bitcoin as part of long-term asset strategy.
- Bitcoin Payments: Transactions made using Bitcoin as a form of payment for goods or services.