AMC Theatres to Accept Dogecoin and Shiba Inu Payments in Coming Weeks, CEO Says
The 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 AMC Theatres will be accepting payments in two popular meme cryptocurrencies, dogecoin (DOGE) and shiba Inu (SHIB), in March.
AMC Entertainment (NYSE: AMC), aka AMC Theatres, is the largest movie exhibition company in the U.S., Europe, and the world. The company owns or operates approximately 950 theaters and 10,500 screens globally.
Aron explained that the IT department at AMC Theatres says that “Bitpay will be live for AMC online payments” by March 19 and live on the company’s mobile apps by April 16 or a few days earlier.
The CEO has promised the crypto community that AMC Theatres will accept DOGE and SHIB payments since he put up a Twitter poll about dogecoin in September last year and a poll about shiba inu the following month.
Aron then claimed in November last year that he convinced crypto payment service provider Bitpay to support shiba inu. He also said that he would be the first client of Bitpay to accept SHIB.
However, when Bitpay began supporting shiba inu crypto in November, retail giant Newegg quickly started accepting SHIB for payments.
Aron also announced last year that AMC Theatres had begun accepting four cryptocurrencies: bitcoin (BTC), ether (ETH), litecoin (LTC), and bitcoin cash (BCH). However, customers can only pay with these cryptocurrencies through their Paypal accounts. Tags in this story Adam Aron, AMC, AMC accepts crypto, AMC accepts cryptocurrencies, amc doge, amc dogecoin, AMC entertainment, AMC shib, AMC shiba inu, AMC theaters, AMC Theatres
What do you think about AMC Theatres accepting dogecoin and shiba inu cryptocurrencies via Bitpay? Let us know in the comments section below. Kevin Helms
A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. Drilling at West Africa Abujar Gold Deposit Garners Over 503 Grams Per Tonne FEATURED | 23 hours ago Crypto Donations Pour in After Ukraine Government Asks for Bitcoin and Ether — $17 Million Raised so Far FEATURED | 2 days ago
Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleUS Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike Next articleMarket Strategist Explains 4 Reasons Why BTC Is Rallying — ‘Ukraine Crisis Highlights How Bitcoin Can Act as a Support Mechanism’ Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItFarmville Creator Zynga to Launch NFT Games, Says Gaming Firm"s Blockchain Lead
American social game developer Zynga has plans to launch non-fungible token (NFT) games in the near future. Zynga’s vice president of blockchain, Matt Wolf, told the press that the company is looking at the cycle right now and “figuring out ... read more.PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects Topps Plans to Auction Rare 1952 Mickey Mantle NFT Card Minted on Ethereum JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks