AMC theaters now allow moviegoers to buy tickets online in Bitcoin, Ether

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AMC Theaters, the largest movie theater chain in the United States, will accept Bitcoin and a number of other cryptocurrencies as a method of payment while paying for tickets online by the end of the year. The move comes more than three months after the popular theater chain announced on an earnings call that crypto payments for online transactions would be activated before the start of the year. AMC claims that in addition to Bitcoin, customers will be able to use Ethereum, Litecoin, and Bitcoin Cash to purchase movie tickets. Dogecoin is also expected to be on the list soon.

Adam Aron, CEO of AMC Theaters, enthusiastically tweeted that AMC Theaters will also offer support for Apple Pay, PayPal and Google Pay, which already account for around 14% of the company’s total online transactions. As Engadget noted, CEO Adam Aron’s tweet mentions crypto support for online transactions only, not in physical outlets. This means that you still can’t really go to an AMC theater booth and buy your tickets or popcorn with your BTC balance.

Big news flash! As promised, many new ways to pay online NOW at AMC. We now proudly accept: 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

The company has been a leader on the crypto adoption front and already accepts Dogecoin as a payment method for gift cards in partnership with BitPay.

Along with the adoption of cryptocurrencies, AMC also announced plans to soon open more than a dozen new locations in the United States, Europe and the Middle East. The company currently has 950 theaters and 10,500 screens around the world.

CEO Adam Aron promised in September to accept Dogecoin by the end of this year following an overwhelming response to a Twitter poll, in which he asked if AMC should add Dogecoin to the list of cryptocurrencies which will be supported soon. The poll received over 140,000 responses, with the “Yes” option receiving 68% of the vote.

He then did the same for Shiba Inu, asking Twitter users if this should be added as a payment method as well. Up to 81% of those surveyed agreed, but it’s unclear when (or if) the company plans to do so.

Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting Founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

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