AMC movie theaters now accept Bitcoin, Ethereum, Bitcoin Cash and Litecoin as online payments

AMC begins accepting Bitcoin, Ethereum, Bitcoin Cash and Litecoin as online payments

The CEO of AMC Entertainment, Adam Aron, announced on Twitter that the world’s largest cinema chain now accepts cryptocurrencies as online payments, starting with Bitcoin, Ethereum, Bitcoin Cash and Litecoin.

In the tweet, Mr Aron said, “Big newsflash! As promised, many new ways NOW to pay online at AMC.  We proudly now accept: drumroll, please… Bitcoin, Ethereum, Bitcoin Cash, Litecoin. “

The AMC Entertainment CEO also added that Dogecoin is next.

This move is another indication that cryptocurrencies gain more and more commercial usage. Big businesses like Amazon started considering bitcoin payments for purchases. Let's see if this trend will continue in 2022, like crypto experts expect.

About AMC Entertainment

AMC Entertainment Holdings, Inc. (d/b/a AMC Theatres) is an American movie theater chain headquartered in Leawood, Kansas, and the largest movie theater chain in the world, after acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016. It is often referred to simply as AMC and known in some countries as AMC Cinemas or AMC Multi-Cinemas (AMC was originally an abbreviation for American Multi-Cinema). Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres. It controls 2,866 screens in 358 theatres in Europe and 7,967 screens in 620 theatres in the United States. The company is listed on the New York Stock Exchange (NYSE: AMC (Class A)) and had a revenue of US$1.2424 billion in 2020.

Publication date: 
11/12/2021 - 10:45
Disclaimer

The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.