AMC Theatres on Track to Accept Dogecoin and Shiba Inu Payments in Q1, CEO Confirms

AMC

The CEO of the world’s largest movie exhibition company, AMC Entertainment, says his company is on track to accept meme cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) in the first quarter of this year.

Dogecoin and Shiba Inu coming soon to AMC theaters

AMC Theaters CEO Adam Aaron provided an update on his company’s progress in accepting dogecoin (DOGE) and shiba inu (SHIB) cryptocurrency memes.

AMC Entertainment Holdings (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 tweeted on Thursday that he has been repeatedly asked when AMC plans to accept dogecoin and shiba inu cryptocurrencies “for all payments made through AMC’s website and mobile app.” He said he was told that AMC is still “on track” for the implementation promised in the first quarter, noting that the exact month is most likely March.

The AMC executive announced in November last year that his company will accept DOGE and SHIB via Bitpay. At that time, Bitpay had not started supporting shiba inu. Aron claimed that the crypto payment processing company decided to start supporting SHIB at his request.

Aron also said at the time that AMC would start accepting shiba inu in the first quarter of this year. In early December, Bitpay, which already supported DOGE, started supporting SHIB.

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