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To prepare the compound butter, add the softened butter, roasted garlic cloves, chives, and salt to a bowl and stir until thoroughly combined. Make sure the garlic cloves are broken up and evenly distributed throughout the mixture.
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Transfer the butter mixture to a sheet of plastic wrap and shape into a log, as shown, and cover tightly. Refrigerate until firm and ready to use, approximately one hour.
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Remove the steaks from the refrigerator 30 minutes before cooking. Brush with olive oil and generously season with salt and black pepper. Set aside.
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Pre-heat the air fryer to 400°F and set the timer to 8 minutes for medium rare.
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When the air fryer is ready, add the steaks to the basket in a single layer without overcrowding. Close the lid and air fry for 4 minutes.
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Open the lid and turn the steaks with silicon tongs. Close the lid and air fry for another 3-4 minutes or just until the steaks reach 130°F, as shown, for medium rare.
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Remove the steaks from the air fryer and cover loosely with aluminum foil. Rest for 5-10 minutes to give the juices a chance to settle. (The internal temperature will continue to rise several degrees while the steaks rest).
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Serve immediately topped with some compound butter and your choice of sides. Enjoy!