Restaurant Chain Shake Shack Is Partnering With Cash App To Offer Bitcoin Rewards

Published on: 04.03.2022

The US food chain giant Shake Shack is offering its customers BTC as a reward for spending money at their burger chain using Cash App.

Shake Shack is an American fast-casual restaurant that’s based in New York City. It has locations in multiple countries and over 6,000 employees.

According to a recent report on The Wall Street Journal, the chain has teamed up with Block Inc’s Cash App to offer Bitcoin as a reward for purchases that are made at their burger chain.

Supposedly, users will be able to receive 15% of their purchase back in the form of BTC on any Shake Shack purchase that they make with a Cash Card.

Cash Card is a debit card that’s available to Cash App users.

Users will be able to find the promotion in the Cash App, and it will supposedly be active until mid-March.

Per the report, the effort is in a bid to see if the food chain can reach younger customers and see if they are interested in other cryptocurrency options.

Speaking on the matter was Jay Livingston – Chief Marketing Officer of the burger chain, who said:

You’re always trying to place your bets on those things that truly will be meaningful and not waste resources on the ones that won’t.

SOURCE

 

Market Stats:
BTC Dominance: 61.87%(-0.18%/24h)
ETH Dominance: 8.17%(+0.01%/24h)
Defi Market Cap: $78.51B(-9.44%/24h)
Total Market Cap: $2686B(+0.53%/24h)
Total Trading Volume 24h: $88.89B(-2.93%/24h)
ETH Market Cap: $219.32B
Defi to ETH Ratio: 35.8%
Defi Dominance: 2.82%
Altcoin Market Cap: $1024.2B
Altcoin Volume 24h: $50.73B
Total Cryptocurrencies: 34238
Active Cryptocurrencies: 10403
Active Market Pairs: 103908
Active Exchanges: 819
Total Exchanges: 10300
BTC: 83728.78$(0.08%/1H)
ETH: 1818.05$(0.05%/1H)
AVAX: 18.3$(0.23%/1H)
BNB: 598.02$(0.18%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.66$(0.25%/1H)
DOT: 4.01$(-0.07%/1H)
UNI: 5.93$(0.35%/1H)
CAKE: 1.85$(0.93%/1H)
SUSHI: 0.57$(0.11%/1H)
ONE: 0.01$(-0.2%/1H)