In the dimly lit corners of American diners, where the sizzle of burgers meets the hum of idle chatter, a new spectacle unfolds. Fold, that cunning purveyor of digital gold, has wedded itself to Steak βn Shake, offering a morsel of Bitcoin with every bite of their specialty meal. A $5 reward, you say? How quaint, yet how revolutionary-400 locations, no less, each a stage for this financial farce. A first for the U.S., they claim, as if the world needed another reason to marry gluttony with greed. ππΈ
- Fold, in a fit of entrepreneurial whimsy, partners with Steak βn Shake to dangle $5 in Bitcoin before the hungry masses at 400 U.S. outposts.
- This charade marks the inaugural ballet of a U.S. restaurant chain linking meals to Bitcoin, as if the world were not already awash in novelty.
- Fold, hoarding nearly 1,500 BTC in its coffers, persists in its quixotic quest to thrust crypto upon the unsuspecting, through apps, cards, and now, burgers. Ah, progress! ππ
On a crisp October morn, Fold Holdings, nestled in the sun-drenched deserts of Phoenix, unveiled its latest folly: a pact with Steak βn Shake, where Bitcoin rewards are the prize for indulging in a “Bitcoin Meal” or “Bitcoin Steakburger.” A receipt, a code, an app-how modern! How tedious! The promotion, fleeting as a desert mirage, graces all 400 locations, a testament to our insatiable hunger for both calories and currency.
To partake, one must upload a receipt to a hallowed website, receive a code, and redeem it through the Fold app. A dance of digits, a ritual of redundancy. “While supplies last,” they declare, as if Bitcoin were a limited-edition trinket. Oh, the drama of it all! π₯©π±
βBitcoin goes mainstream when it starts showing up in everyday life,β Fold CEO Will Reeves proclaimed, his voice dripping with the earnestness of a true believer. βThis is our vision-to make Bitcoin as commonplace as a burger. For many, this will be their first taste of crypto, and it shall come wrapped in a bun. Behold, adoption in its purest form!β ππ€
Foldβs Culinary Crypto Crusade
The campaign, launched with great fanfare on October 31, embraces the “while supplies last” mantra-a tactic as old as time itself, yet novel in the crypto realm. A sense of urgency, they say, to goad the masses into action. How clever, how transparent! Fold, ever the strategist, seeks to measure the appetite for such folly, to control the chaos of their own making. π°οΈπ
This venture into casual dining is but the latest chapter in Foldβs grand narrative. A company gone public, with dreams as vast as its treasury, it peddles financial tools that promise Bitcoin rewards for the mundane acts of daily life. An app, a debit card, a credit card-each a cog in the machine of their crypto empire. Last month, a Visa card powered by Stripe Issuing joined the fray, further entangling Bitcoin in the fabric of our financial lives. π¦π³
Beneath the veneer of simplicity lies a balance sheet that speaks volumes. Nearly 1,500 BTC in their treasury, a testament to their faith in the digital deity. A $250 million equity purchase facility, secured in June, fuels their ambitions, allowing them to expand both their hoard and their reach. Ah, the sweet scent of success, tinged with the faintest whiff of absurdity. ππΌ
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2025-10-31 20:09