In addition to bitcoin, AMC will soon accept other cryptocurrencies for purchases

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AMC on Wednesday expanded the range of cryptocurrencies it plans to accept soon for movie ticket purchases and concessions.

In its second quarter earnings report in August, AMC Entertainment Holdings Inc. AMC, -0.97%, the nation’s largest movie theater chain, announced that it would accept bitcoin BTCUSD, -0.70% for online ticket purchases and concessions before the end of this year. In a tweet on Wednesday, AMC Managing Director Adam Aron said that Ethereum ETHUSD, -0.06%, Litecoin LTCUSD, + 2.48% and Bitcoin Cash BCHUSD, -1.58% will also be accepted.

During the August earnings call, Aron said that AMC will also accept payments via AAPL from Apple Inc., + 0.61% Apple Pay and Alphabets GOOGL, +1.32% GOOG, +1, 26% Google Pay by the end of the year.

A growing number of companies are accepting bitcoin and other cryptocurrencies as a form of payment, including PayPal Holdings Inc. PYPL, + 0.07% and Square Inc. SQ, + 0.71%. Earlier this year, Tesla Inc. TSLA, + 1.52% caused a stir after announcing it would accept bitcoin for payments, then halted those plans in May after CEO Elon Musk raised concerns. regarding the effects of crypto mining on global energy consumption.

AMC shares have risen 2.100% year-to-date, thanks to the stock frenzy even earlier this year, although they have fallen 15% in the past three months.

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