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AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto Payments

AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto PaymentsThe world’s largest movie exhibition company, AMC Entertainment, has finally begun accepting payments in dogecoin and shiba inu. Supporters of DOGE and SHIB have been waiting for AMC Theatres to accept the two meme cryptocurrencies since September last year. AMC Customers Can Now Pay With Dogecoin and Shiba Inu AMC Theatres now accepts payments in […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’

AMC Theatres to Accept Dogecoin and Shiba Inu Payments in Coming Weeks, CEO Says

AMC Theatres to Accept Dogecoin and Shiba Inu Payments in Coming Weeks, CEO SaysThe CEO of the world’s largest movie exhibition company, AMC Entertainment, has announced that AMC Theatres will accept two meme cryptocurrencies, dogecoin (DOGE) and shiba inu (SHIB), in the coming weeks. Dogecoin and Shiba Inu Payments Coming to AMC Theatres in March The CEO of AMC Entertainment Holdings, Adam Aron, announced on Twitter Monday that […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’

AMC Theatres on Track to Accept Dogecoin and Shiba Inu Payments in Q1, CEO Confirms

AMC Theatres on Track to Accept Dogecoin and Shiba Inu Payments in Q1, CEO ConfirmsThe CEO of the world’s largest movie exhibition company, AMC Entertainment, says his company is on track to accept meme cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) in the first quarter of this year. Dogecoin and Shiba Inu Coming to AMC Theatres Soon The CEO of AMC Theatres, Adam Aaron, has provided an update on […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’

AMC Theaters’ acceptance of Dogecoin follows viral community appeal

Over the past week, social memecoin DOGE has risen 25% above the previous psychological price threshold of $0.25.

Following an overwhelming positive response to a Twitter poll on Sept. 21, CEO of AMC Theater, Adam Aron announced Wednesday that the chain would officially accept Dogecoin payments for digital gift cards via BitPay Wallet. 

The Dogecoin community — notoriously passionate for adoption initiatives — tweeted in droves to advocate for the asset's integration within the theater's payment options. Following the successful endeavor, users can now purchase up to $200 worth of digital gift cards per day. These cards can then be redeemed by theater goers in cinemas across the United States.

Aron was pleasantly surprised by the mass attention, reporting over 6 million views and 140,000 votes on his post, including distinguished Doge fanatics Elon Musk and Mark Cuban. He also claimed that the viral tweet was his “most retweeted, most replied, most liked tweet ever.”

Related: Crypto is impossible to destroy, says Tesla CEO Elon Musk

AMC Entertainment have already expressed intent to accept four other cryptocurrency assets: Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) by the end of 2021. According to the latest data from October 2020, the institution has 620 theaters across the United States, and a further 358 theatres across Europe.

As cryptocurrencies emerge into the mainstream consciousness, positioned to consumers as liberating alternatives to traditional fiat currencies, a new wave of public venues are transitioning their technological infrastructure to accomodate this demand.

Cointelegraph reported in March 2021 that Thailand's largest movie theater operator Major Cineplex Group were piloting a nation-first inaugurate crypto project. This will enable movie-goers to purchase tickets and passes with established digital assets such as Bitcoin.

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’

AMC Confirms Plan to Accept Bitcoin, Ethereum, Litecoin, and Bitcoin Cash

AMC Confirms Plan to Accept Bitcoin, Ethereum, Litecoin, and Bitcoin CashThe world’s largest movie exhibition company, AMC Entertainment, has announced its plan to accept cryptocurrencies by year-end. AMC CEO Adam Aron says the entertainment giant will accept bitcoin, ether, litecoin, and bitcoin cash. AMC Prepares to Accept Cryptocurrencies AMC, the largest movie exhibition company in the U.S., Europe, and the world, has unveiled its plan […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’