Steak 'n Shake Increases Bitcoin Exposure with $10M 'Strategic Reserve'
Steak 'n Shake is increasing its exposure to Bitcoin, allocating an additional $10 million to the crypto asset. The restaurant chain has credited Bitcoin with contributing to increased sales in the past year. This move indicates a growing trend of companies incorporating Bitcoin into their financial strategies, viewing it as a valuable asset. The development reflects a broader acceptance of cryptocurrencies within the corporate sector, as companies explore the potential benefits of integrating digital assets into their reserves.
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