AMC Now Accepts Cryptocurrency – Crypto Briefing

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AMC Entertainment Holdings, the world’s largest movie theater chain, has launched crypto payments online. AMC Theaters will now accept payments in four different cryptocurrencies.

AMC now accepts BTC, ETH and more

Adam Aron, CEO of the theater chain AMC, announced on Twitter that the theater company now officially accepts cryptocurrency.

This means that in the future, customers can use four cryptocurrencies – Bitcoin (BTC), Litecoin (LTC), Ether (ETH) and Bitcoin Cash (BCH) – as a means of payment when booking banknotes. online cinema. AMC also plans to accept Dogecoin (DOGE) next, Aron confirmed. Aron further claimed that crypto already accounts for 14% of all AMC online transactions.

With a line in his tweet, “Dogecoin Next,” Aron appeared to confirm that the company plans to accept Dogecoin (DOGE) soon. This move is not as surprising, given that AMC started allowing Dogecoin as a payment option for gift cards in October.

Big news flash! As promised, many new ways to pay online NOW at AMC. We proudly accept now: drum roll, please… Bitcoin, Ethereum, Bitcoin Cash, Litecoin. Also Apple Pay, Google Pay, PayPal. Incredibly, they already represent 14% of our total online transactions! Dogecoin then. pic.twitter.com/a7pqYBm7HB

– Adam Aron (@CEOAdam) November 12, 2021

Founded in 1920, AMC is the world’s largest cinema company, with more than 11,000 screens and approximately 1,000 theaters worldwide. Its decision to support crypto payments has been hailed as an important step in the adoption of crypto.

AMC initially expressed interest in cryptocurrency during a call to investors in the second quarter to improve its payment systems.

Disclosure: At the time of writing, the author of this article owned ETH and several other cryptocurrencies.

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