Steak ’n Shake links Bitcoin rollout to stronger sales
The restaurant chain credited its Bitcoin strategy for higher same-store sales, but its February statement did not quantify the causal contribution.
Bitcoin network development, adoption and market coverage.
The restaurant chain credited its Bitcoin strategy for higher same-store sales, but its February statement did not quantify the causal contribution.
Metaplanet’s pivot to Bitcoin has delivered explosive revenue growth, with crypto now driving 95% of sales. However, mark-to-market losses tied to Bitcoin’s price drop pushed the company into a sizable net loss. The firm remains committed to an aggressive treasury strategy, betting on long-term digital asset appreciation.
Ark Invest used the recent Bitcoin dip to increase its exposure to Robinhood, Bullish and Circle, even as US spot Bitcoin ETFs recorded fresh outflows. The move underscores continued volatility in institutional crypto flows, with selective equity buying contrasting broader ETF weakness.
Bitcoin ETFs pulled in $145 million in fresh inflows as outflows slowed, signaling that institutional demand may be stabilizing. Analysts say early Bitcoin holders are mostly trimming profits rather than exiting, with new institutional investors increasingly stepping in.
Kevin Warsh is expected to be nominated as the next Fed chair, replacing Jerome Powell. Markets are already pricing in a more hawkish policy shift, while Warsh’s past remarks on Bitcoin stand out for framing crypto as a potential check on fiscal excess.
Benjamin Cowen’s January 2026 outlook anticipated further relative weakness for Bitcoin. Historical cycle comparisons are forecasts, not guarantees.
Bitcoin job listings rose 6% in 2025, driven largely by non-technical roles as companies mature and scale. Product, operations and leadership hires now dominate, while demand for Bitcoin-aligned talent remains stronger than supply.
Changpeng Zhao says he has no plans to return to Binance despite being legally able to do so after a presidential pardon, arguing the exchange is thriving under new leadership, while predicting Bitcoin could enter a supercycle in 2026 that may break its traditional four-year pattern.
Kansas lawmakers are considering a state-managed Bitcoin and digital asset reserve funded through unclaimed crypto rather than direct purchases, a proposal that mirrors federal plans to rely on forfeited assets, builds on earlier Kansas crypto initiatives, and reflects a broader trend of governments cautiously testing Bitcoin’s role in public finance.
Bitcoin futures open interest has rebounded around 13% in January following a sharp Q4 deleveraging, with analysts pointing to a cautious return of risk appetite even as positioning remains well below October highs. At the same time, options open interest has overtaken futures, signaling a shift toward more structured and risk-managed trading strategies.
Bitcoin’s hashrate has slipped below 1 zetahash per second for the first time in four months, falling nearly 15% from its October peak, as analysts say miners are increasingly diverting power toward AI and high-performance computing for better margins, even as mining difficulty falls and profitability improves.
Christopher Wood replaced a 10% Bitcoin model allocation with gold exposure, citing quantum risk. The report did not describe a bank-wide Bitcoin sale.
KBC plans to launch Bitcoin and Ether trading for Belgian retail investors via its Bolero platform from Feb. 16. The bank says the service complies with MiCA, even as Belgium has yet to issue formal MiCA licenses. The move comes amid broader EU debates over crypto supervision, passporting and the role of ESMA
Sygnum expects clearer US crypto regulation to pave the way for sovereign Bitcoin reserves and broader adoption of tokenization by banks in 2026, arguing that early state adopters could accelerate Bitcoin’s emergence as a global store of value despite ongoing political constraints. At the same time, the firm sees tokenized bonds moving steadily toward the financial mainstream as major institutions prepare to issue and manage debt directly on blockchain-based infrastructure.
Bitcoin derivatives open interest has fallen about 30% from October highs, signaling a broad deleveraging across the market. Analysts say this reset has historically preceded recoveries, but caution that derivatives markets have not yet confirmed a full bull phase.
CoinShares reported $454 million in weekly outflows in its January 12, 2026 report, with Bitcoin and Ether products leading withdrawals.
A criminal probe into Fed Chair Jerome Powell is reviving concerns over political influence on monetary policy, adding a new narrative tailwind for Bitcoin’s non-sovereign appeal. While sentiment indicators hint at a potential market bottom, professional traders remain cautious on BTC in the near term, favoring selective exposure elsewhere in crypto markets.
Bitcoin whales have accumulated more than $5.3 billion worth of BTC while retail traders take profits, a setup Santiment views as bullish. With supply shifting toward long-term holders and leverage still muted, Bitcoin’s multi-week consolidation could be nearing a breakout.