Right before grilling, season steaks generously with salt and pepper. Place steaks on grill grate and cook, covered, for 5 minutes; flip and continue cooking on second side until internal temperature reaches 115ºF, about 5 minutes. Using tongs, prop steaks up on their sides so bacon is touching grill grate, continue grilling, rotating steaks every 15 seconds or so to ensure all sides of bacon get cooked and crispy and until you reach desired doneness, 2–4 more minutes (120ºF for rare, 125ºF for medium-rare, 135ºF for medium, and 140ºF for medium-well).