What does Steak 'n Shake's decision to increase its Bitcoin reserves reveal about corporate adoption of cryptocurrency?
Why is this the correct answer?
This is correct because when a consumer-facing brand like Steak 'n Shake publicly increases its Bitcoin reserves, it sends a signal that businesses view cryptocurrency as a legitimate asset class. Beginners should recognize that such moves by well‐known companies can encourage wider corporate adoption and validate Bitcoin’s role as both a store of value and potential balance-sheet asset.
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