AMC Theatres has partnered with Bitpay to offer various crypto payment options, including Dogecoin (DOGE) and Shiba Inu (SHIB).
AMC Theatres CEO Adam Aron announced the development on Twitter.
In the tweet, Aron said that people across the U.S. using AMC’s iOS and Android apps could use crypto payments to pay for tickets and other services.
Increasingly interested in cryptocurrencies, AMC Theatres, called a “meme stock” by some, has been accepting crypto payments for almost six months. The company first started taking crypto payments in November 2021, which allowed customers to purchase movie tickets and other services online using Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).
The company’s move into Dogecoin and Shiba Inu was expected since early this year when CEO Adam Aron tweeted that the company would accept the doggy coins no later than March 2021. Though slightly overdue, AMC Theatres has now delivered on those promises.
U.S.-based customers can download the latest version of AMC’s mobile app to access payments with Dogecoin and Shiba Inu. The company did not disclose the other cryptocurrencies it will accept.
Though eternally popular, as it seems, the dog tokens have received an increasing interest of late, not the least through the aid of Tesla CEO Elon Musk’s announcement on April 14 that he’s interested in buying the whole of Twitter, not “just” the 9% he purchased recently.
Meanwhile, Robinhood’s CEO Vlad Tenev put together a case for how Dogecoin can become the internet’s native currency. Since Robinhood added send/receive DOGE functionality, Tenev said he’s been thinking about “what that would take.”