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Stock impact report

Steak ‘n Shake restaurant chain announces plan to pay Bitcoin bonus to its employees [Yahoo! Finance]

Biglari Holdings Inc. Class B (BH) 
US:NYSE Investor Relations: biglariholdings.com/reports.htm
Company Research Source: Yahoo! Finance
“Starting March 1, Steak n Shake will give all hourly employees at its company-operated restaurants a Bitcoin bonus of $0.21 for every hour worked,” the Biglari Holdings-owned company said on X “Employees will be able to collect their Bitcoin pay after a two-year vesting period. Thank you, @Fold_app , for the assist,” the company said about a Bitcoin-focused personal finance app supporting the bonus distribution. “We take care of our employees; they, in turn, take care of customers; and the results take care of themselves,” the statement concluded. The bonus will not be immediately accessible. Employees must remain with the company for at least two years before they can access, transfer, or sell the accumulated Bitcoin, a vesting period that mirrors stock-style incentives. The rewards aren't instant as employees must stay for two years before they can access, transfer or sell their accumulated Bitcoin. Still, the setup mirrors stock-style incentives. At current prices, a work Show less Read more
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