Steak ‘n Shake to Pay Hourly Workers in Bitcoin Starting March [Yahoo! Finance]
Fold Holdings, Inc. - Class A (FLD)
Company Research
Source: Yahoo! Finance
The 91-year-old burger chain announced the program through a partnership with Bitcoin rewards app Fold, marking another step in its year-long transformation into what CEO Will Reeves called “ a real bitcoin company, putting sound money into the hands of working Americans. “ A full-time minimum wage employee working 40 hours weekly for 30 years could retire with over $3 million if Bitcoin maintains just a 20% annual growth rate, according to Adam Simecka , founder of self-custody wallet Manna. Under that scenario, workers could start at 16 and retire at 46 without receiving raises or making additional investments beyond the hourly Bitcoin bonus. The hourly bonus builds on Steak ‘n Shake's $10 million Bitcoin treasury purchase announced January 18, when the company acquired roughly 105 BTC as its first direct allocation since accepting crypto payments in May 2025. The chain formalized a “ Strategic Bitcoin Reserve ” system that channels all customer Bitcoin payments directly in
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FLD
News
- Fold Launches Unified App Experience to Bring Bitcoin Rewards and Everyday Spending Into One Financial HomeGlobeNewswire
- Fold Chairman and CEO, Will Reeves, Publishes Letter to Fold CustomersGlobeNewswire
- Steak 'n Shake Makes First Bitcoin Treasury Bet With $10M BTC Purchase [Yahoo! Finance]Yahoo! Finance
- Bitcoin Fintech Enters Russell 2000 While Strategy Risks MSCI Exclusion [Yahoo! Finance]Yahoo! Finance
- Fold Holdings added to Russell 2000 Index [Seeking Alpha]Seeking Alpha
FLD
Earnings
- 11/10/25 - Beat
FLD
Sec Filings
- 1/30/26 - Form 424B3
- 1/30/26 - Form 424B3
- 1/27/26 - Form 8-K
- FLD's page on the SEC website