Steak 'n Shake executive Michael Boes announced at the 'Bitcoin 2026' conference that he has incorporated Bitcoin into his personal executive compensation plan. According to Foresight News, Boes hopes this move will serve as a reference for compensation models within the industry.
Previously, Steak 'n Shake implemented Bitcoin payments via the Lightning Network across 393 U.S. locations in May 2025, with all Bitcoin receipts directly contributing to the company's Bitcoin reserves. Since March 1, employees have been receiving an additional 21 cents in Bitcoin for every hour worked.