Bubba Gump Shrimp seafood restaurants to start accepting Bitcoin payments

Many restaurant chains operated by parent company Landry’s will start accepting Bitcoin as a payment method for meals.

Yesterday, in an interview with CNBC, Landry President and CEO Tilman Fertitta said that “80% to 90%” of the company’s restaurant brands – including the Bubba Gump Shrimp Company, Morton’s The Steakhouse and Mastro’s – would accept Bitcoin (BTC) and other cryptocurrencies. in the next 90 days. Fertitta said the move was a step towards integrating crypto into the mainstream.

“It’s amazing how simple it is [a crypto] the deal is, and it’s here to stay. This is where it is, and it is inevitable that it will happen, ”said Landry’s CEO.

The Bubba Gump Shrimp Company, inspired by the 1994 film Forrest Gump with Tom Hanks, has over 30 restaurants in the United States, Japan, United Kingdom, Hong Kong, China, Indonesia, Mexico, Canada, Mariana Islands and Qatar. Fertitta also owns a luxury auto retailer in Houston called Post Oak Motor Cars, which has been accepting BTC since 2018.

Some leading food chains and restaurants are now open to accepting Bitcoin, but the volatility of many cryptocurrencies can make it difficult to use it as a reliable medium of exchange. The first bar and restaurant to ever accept BTC as a form of payment – Room 77 in Germany – closed in October after more than ten years apparently due to restrictions imposed by the pandemic.

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