Steak ‘n Shake credits Bitcoin for company growth – But is PR value now worth more than people actually using BTC?

By ScryveWire ·

According to CryptoSlate, Steak 'n Shake reported a 16% increase in same-store sales for July, attributing part of this growth to its adoption of Bitcoin payments. However, the company has not disclosed how many customers utilized Bitcoin for their transactions, making it difficult to assess the true impact of cryptocurrency on their sales. While they suggest that Bitcoin reduces transaction costs, the lack of specific metrics leaves the actual influence of Bitcoin on their financial results unclear. Read the full story at CryptoSlate . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.