Fold partners with Steak 'n Shake to offer Bitcoin rewards for dining.

Partnership Announcement: Fold has partnered with Steak ’n Shake to offer a $5 Bitcoin reward with select meals at approximately 400 U.S. locations, marking a first for a U.S. restaurant chain.

Promotion Details: Customers must upload their receipt to a dedicated website to receive a unique code, which can be redeemed through the Fold app, creating a sense of urgency for the limited-time offer.

Mainstream Adoption Vision: Fold CEO Will Reeves emphasizes that integrating Bitcoin into everyday dining experiences is a step towards mainstream adoption, allowing many to own Bitcoin for the first time through regular purchases.

Company Background: Fold, which holds nearly 1,500 BTC in its treasury, continues to expand its Bitcoin reward ecosystem through various financial tools, including a dedicated app and a new Visa credit card, supported by a $250 million equity purchase facility.