News Explorer — Steak ’n Shake's Bitcoin Adoption Drives Sales Growth

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Feb 17, 6:47 am

Decrypt

Steak ’n Shake's Bitcoin Adoption Drives Sales Growth

Steak ’n Shake's acceptance of Bitcoin nine months ago has significantly boosted its same-store sales, leading to the creation of a Strategic Bitcoin Reserve for employee bonuses. The company's CEO highlighted the importance of integrating Bitcoin as a digital asset treasury model.

Steak ’n Shake's acceptance of Bitcoin nine months ago has significantly boosted its same-store sales, leading to the creation of a Strategic Bitcoin Reserve for employee bonuses. The company's CEO highlighted the importance of integrating Bitcoin as a digital asset treasury model.

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Feb 17, 11:31 pm

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Sliding Bitcoin Open Interest Hints at Risk-Off Mood as Broader Market Headwinds Begin to Bite

Bitcoin's derivatives market is experiencing a rapid decrease in risk, with open interest plummeting by 55% to $44 billi... Read Summary

Feb 17, 10:23 pm

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Elemental Royalty Introduces Dividend Option for Tether Gold

Elemental Royalty announced that investors can now receive dividends in Tether's XAUT, offering direct ownership of phys... Read Summary

Feb 17, 9:12 pm

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Abu Dhabi Investment Funds Held Over $1 Billion in Bitcoin Exposure Through BlackRock's IBIT ETF

Abu Dhabi-based investment funds increased their Bitcoin exposure to over $1 billion by the end of last year, with Mubad... Read Summary

Feb 17, 8:36 pm

DL News

BlackRock and Coinbase to Take 18% Cut of Staking Revenue From Ethereum ETF

BlackRock and Coinbase will receive an 18% share of staking revenue from their upcoming Ethereum exchange-traded fund, E... Read Summary

Feb 17, 8:35 pm

Decrypt

Bitcoin Mining Shakeup: Bitdeer Outpaces MARA in Hash Rate, Says JPMorgan

Bitdeer has surpassed MARA in self-mining hash rate, allocating 63.2 EH/s to Bitcoin's network. Bitdeer's growth was dri... Read Summary

Feb 17, 5:44 pm

DL News

Ethereum Foundation Considers Using AI for Drafting Proposals and Moderating Meetings

Tomasz Stańczak, co-director of the Ethereum Foundation, advocates for integrating artificial intelligence into Ethereum... Read Summary

Feb 17, 4:52 pm

Protos

Ethereum User Loses $600K in Address Poisoning Scam

An Ethereum user fell victim to address poisoning, losing $600,000 in a common crypto scam. Scammers send spam transacti... Read Summary

Feb 17, 4:58 pm

DL News

eToro Stock Jumps as Crypto Revenue Rises in 2025

Despite a decrease in revenue from crypto trading in the last quarter, eToro stocks surged 14% on Tuesday following bett... Read Summary

Feb 17, 4:54 pm

Decrypt

Tom Lee's BitMine Remains Bullish on Ethereum Despite 'Rock Bottom' Sentiment

BitMine Immersion Technologies recently acquired 45,759 ETH, increasing its total stash to 4.37 million ETH valued at $8... Read Summary

Feb 17, 4:15 pm

Decrypt

Proposed Dutch Tax Reforms on Unrealized Profits Could Force Crypto Holders to Liquidate Assets

Lawmakers in the Netherlands have approved reforms to calculate taxes on investment assets, sparking anger in crypto cir... Read Summary

Feb 17, 4:13 pm

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Strategy Boosts Bitcoin Stash to $48 Billion as Unrealized Losses Pile Up

Strategy purchased 2,500 BTC for $168 million, increasing its holdings to 717,100 Bitcoin worth $48 billion. To fund the... Read Summary

Feb 17, 3:07 pm

Decrypt

CFTC Chairman Asserts Authority Over Prediction Markets Amid Legal Challenges From States

U.S. CFTC Chairman Michael Selig responded to states challenging the regulator's authority over prediction markets in an... Read Summary

Feb 17, 1:38 pm

bitcoinmagazine.com

Bitcoin Treasury Firm Nakamoto to Acquire CEO's Magazine, Conference Business

Nakamoto Inc. has announced plans to acquire BTC Inc and UTXO Management GP, LLC in a merger transaction financed with N... Read Summary

Feb 17, 1:32 pm

Decrypt

Harvard Slashes Bitcoin Exposure, Embraces Ethereum Investments

Harvard recently disclosed selling Bitcoin and purchasing Ethereum, indicating a shift in their crypto holdings. The mov... Read Summary

Feb 17, 12:21 pm

DL News

Russian Farm Owner Arrested for Stealing Power to Run 80 Bitcoin Miners

A 39-year-old farm owner in Russia's Komi Republic was arrested for stealing $80,000 worth of power to run 80 ASIC Bitco... Read Summary