Fast-food chain Steak 'n Shake will pay bonuses to hourly workers in the form of Bitcoin

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BTC-0,18%

PANews February 15 News, according to MLive, the American fast-food chain Steak 'n Shake announced that it will distribute Bitcoin bonuses to hourly employees at its company-operated stores, starting March 1. The bonuses will be accumulated at a rate of $0.21 per hour worked, with a two-year vesting period before they can be claimed. Based on a 40-hour workweek, employees can accumulate approximately $436.80 worth of Bitcoin annually. The final value depends on the market price of Bitcoin after two years.
Last year, the chain began accepting Bitcoin payments at select stores, with all Bitcoin sales revenue entering the company’s “Strategic Bitcoin Reserve.”

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