Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

AMC Theatres Officially Accept Shiba Inu and Dogecoin Payment

Published 03/11/2022, 08:11 AM
Updated 03/11/2022, 08:30 AM
AMC Theatres Officially Accept Shiba Inu and Dogecoin Payment

  • AMC Entertainment (NYSE:AMC) Holdings Inc. officially accepted Dogecoin and Shiba Inu as payment.
  • CEO Adam Aron announced on Twitter (NYSE:TWTR), giving special thanks to BitPay.
  • AMC Theatres starts accepting crypto payments in November 2021.

AMC Theatres, the biggest cinema chain in the world, has started accepting Dogecoin (DOGE) and Shiba Inu (SHIB) after months of anticipation behind the two leading meme coins.

The announcement was tweeted by AMC Theatres CEO Adam Aron on Thursday, March 10. At the same time, Adam gave a special shoutout to BitPay for helping AMC Theatres accept DOGE and SHIB.

AMC will begin support for the two meme coins on its website and mobile app on March 19 — Aron mentioned in his February 28 Tweet. Surprisingly, however, the implementation happened more than a week earlier.

As reported by CoinQuora, AMC Theatres CEO announced that their company will accept crypto as a new payment method. He mentioned that the cryptos included are Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).

Furthermore, Aron ran Twitter polls and got a positive response from the crypto community regarding Dogecoin and Shiba Inu integration. The AMC Theatres team then started working to add support for the two meme coins.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Likewise, the payment giant BitPay decided to support Shiba Inu as per the request of Adam. AMC Theatres is the first BitPay client to accept Shiba Inu.

Similarly, AMC started accepting Dogecoin payment for its digital gift cards in October 2021 using BitPay wallet.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.