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: 58.13%(+0.13%/24h)
ETH Dominance: 12.96%(-0.11%/24h)
Defi Market Cap: $160.11B(+1.45%/24h)
Total Market Cap: $4185.01B(+1.34%/24h)
Total Trading Volume 24h: $215.86B(+9.25%/24h)
ETH Market Cap: $542.17B
Defi to ETH Ratio: 29.53%
Defi Dominance: 3.74%
Altcoin Market Cap: $1752.33B
Altcoin Volume 24h: $132.19B
Total Cryptocurrencies: 36195
Active Cryptocurrencies: 9515
Active Market Pairs: 112600
Active Exchanges: 853
Total Exchanges: 11204
BTC: 122090.67$(-0.14%/1H)
ETH: 4493.76$(-0.23%/1H)
AVAX: 31.2$(-0.19%/1H)
BNB: 1169.85$(-1.3%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.86$(-0.76%/1H)
DOT: 4.29$(-0.41%/1H)
UNI: 8.12$(-0.67%/1H)
CAKE: 3.64$(0.42%/1H)
SUSHI: 0.71$(-0.83%/1H)
ONE: 0.01$(-1.25%/1H)