TechFlow news, January 12 — According to crypto.news, Israeli alternative protein company Steakholder Foods has approved the purchase of up to $1 million worth of bitcoin. CEO Arik Kaufman expressed optimism about the development prospects of cryptocurrencies as an asset class.
In addition, Santa Fe-based meat company Beck & Bulow now supports Bitcoin payments both online and in-store, plans to convert 20% of its assets into bitcoin, will hold all bitcoin revenue, and allows employees to invest in BTC through their 401(k) plans.
Chipotle, Whole Foods, and Starbucks already support bitcoin payments via third-party platforms such as Flexa. Shareholders of Amazon, parent company of Whole Foods, have proposed allocating at least 5% of corporate assets to bitcoin; this proposal will be reviewed at the 2025 annual shareholder meeting.
