Combine rice, water, butter, and salt in a medium saucepan. Cover and heat over medium heat. Bring to a boil, then reduce heat to low and simmer for 20 minutes, until water is absorbed. Keep lid on the rice until ready to serve.
Combine shrimp and cajun seasoning in a large bowl. Toss until combined.
Heat olive oil in a large skillet over medium heat. Add shrimp and cook for 2-3 minutes per side, until fully cooked.
Stir cilantro into the rice and divide into bowls. Top with desired toppings and serve.
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