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Fast-food chain Steak ‘n Shake is rolling out a bitcoin bonus program for hourly workers, deepening its embrace of bitcoin just days after disclosing a $10 million bitcoin purchase for its corporate treasury.
Starting March 1, hourly employees at company-operated Steak ’n Shake locations will earn a bitcoin bonus worth $0.21 for every hour worked. The rewards will vest after two years, meaning workers must remain employed for that period before they can access the accumulated bitcoin.
The bonus is roughly equivalent to about 1% of the U.S. federal minimum wage and will be administered in partnership with Fold, a bitcoin rewards application.
Employees will continue to…
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