AMC Officially Begins Accepting Bitcoin, Ethereum, and These Popular Altcoins for Payment
Movie theater giant AMC is finally accepting Bitcoin (BTC), Ethereum (ETH) and other cryptos as forms of payment after months of anticipation.
AMC CEO Adam Aron took to Twitter this morning to announce the news.
Big newsflash! As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please… Bitcoin, Ethereum, Bitcoin Cash, Litecoin. Also Apple Pay, Google Pay, PayPal. Incredibly, they already account for 14% of our total online transactions! Dogecoin next. pic.twitter.com/a7pqYBm7HB
— Adam Aron (@CEOAdam) November 12, 2021
According to Aron, you can now purchase tickets and other AMC offerings with Bitcoin, Bitcoin Cash (BCH), Ethereum and Litecoin (LTC). The chief executive also mentions that popular memecoin Dogecoin (DOGE) will be next.
The news comes after months of announcements suggesting that AMC’s adoption of crypto was just around the corner. In a tweet this past September, Aron signaled the entertainment giant’s intentions to accept crypto for purchases.
In October, AMC announced that consumers could buy gift cards loaded with DOGE. Then, just last week, Adam Aron surveyed Twitter on whether or not AMC should accept fellow dog-themed altcoin Shiba Inu (SHIB). The response was resoundingly positive.
TWITTER POLL #2: As you know, you can now purchase AMC gift cards using cryptocurrency, and our IT group is writing code so that soon we can accept online payments in Bitcoin, Ethereum, Litecoin and Dogecoin among others. Should we strive to take Shiba Inu too?
— Adam Aron (@CEOAdam) October 29, 2021
Although AMC is exploring SHIB as a payment option, the Dogecoin competitor was absent from today’s announcement.
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Author: Daily Hodl Staff
