The great entertainment industry - AMC, owning the worlds largest cinema chain now accepts Bitcoin, Ethereum, Litecoin and Bitcoincash as means of online payments for her services. This development was confirmed in a Twitter tweet by the company's CEO - Adam Aron who tweeted: “As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, and online payments via bitcoin, ethereum, bitcoin cash, litecoin,” he tweeted on Friday last week. Further the CEO mentioned that Dogecoin will be the next Cryptocurrency which the company will further add to her list of online payments methods.
The CEO of AMC Theatres, the largest movie theater chain in the U.S., has revealed that his company will now accept Bitcoin, Ethereum, Litecoin and Bitcoin Cash as new means for online payments and transactions within the company.
This final development comes as a follow-up of the initial reports in August that AMC would be accepting crypto for tickets and final concessions to be given later in the year. Hence, last week Adam Aron the CEO of AMC has confirmed that the service is now in operation. According to his reports:
“As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please… bitcoin, ethereum, bitcoin cash, litecoin,” he tweeted on Friday last week. According to his tweet:
Further he added “ Also Apple Pay, Google Pay, PayPal. Incredibly, they already account for 14% of our total online transactions! Dogecoin next”. (See: Adam Aron (@CEOAdam) tweet @ November 12, 2021).
Similarly, he also indicated that dogecoin will be the next Cryptocurrency to be added on the list of payment by the company. Recall that AMC already commenced accepting Dogecoin as a means of payment for her gift cards in partnership with BitPay just last month in October.
Nevertheless, with regards to Shiba Inu, AMC mentioned that the company is presently still considering SHIB as a mode for payments. To further find out the people's view on accepting Shib, Aron recently ran a Twitter poll asking people about the possibility of accepting Shiba Inu as a payment method.
We hope that the other entertainment companies will follow suit in accepting Cryptocurrencies as means of payment especially at the climax of the Bitcoin bull market run. We hope that this positive move will push Crypto market cap higher above the present ATH at 3 trillion.