Pour the Rice Chex cereal into a large bowl. Set aside.
9 cups Rice Chex cereal
In a microwave-safe bowl, combine chocolate chips, peanut butter, and butter. Microwave in 30-second intervals, stirring after each interval, until smooth and completely melted.
1 cup semi-sweet chocolate chips, 1/2 cup peanut butter, 1/4 cup butter
Stir in vanilla extract into the melted chocolate mixture.
1 teaspoon vanilla extract
Pour the melted chocolate mixture over the Rice Chex cereal. Gently stir until cereal is evenly coated.
9 cups Rice Chex cereal, 1 cup semi-sweet chocolate chips, 1/2 cup peanut butter, 1/4 cup butter, 1 teaspoon vanilla extract
In a large zip-top bag, combine the powdered sugar and crushed freeze-dried strawberries. Seal the bag.
1 1/2 cups powdered sugar, 1/4 cup crushed freeze-dried strawberries
Pour the chocolate-coated cereal into the bag with the powdered sugar mixture. Seal the bag tightly and shake well until all pieces are thoroughly coated.
9 cups Rice Chex cereal, 1 cup semi-sweet chocolate chips, 1/2 cup peanut butter, 1/4 cup butter, 1 teaspoon vanilla extract, 1 1/2 cups powdered sugar, 1/4 cup crushed freeze-dried strawberries
Spread the Cupid Chow in a single layer on wax paper or parchment paper. Immediately sprinkle with heart-shaped sprinkles and Valentine's Day M&Ms (if using).
assorted heart-shaped sprinkles, Valentine's Day M&Ms
Allow the Cupid Chow to sit and cool completely, about 30 minutes, so the chocolate sets.
Break apart the Cupid Chow and store in an airtight container. Serve and enjoy spreading the love!
