AMC Theatres to Accept Dogecoin and Shiba Inu Payments in Coming Weeks, CEO Says

DOGE

The CEO of the world’s largest movie exhibition company, AMC Entertainment, has announced that AMC Theatres will accept two meme cryptocurrencies, dogecoin (DOGE) and shiba inu (SHIB), in the coming weeks.

Dogecoin and Shiba Inu Payments Coming to AMC Theaters in March

AMC Entertainment Holdings CEO Adam Aron announced on Twitter on Monday that AMC Theaters will be accepting payment in two popular cryptocurrencies, dogecoin (DOGE) and shiba Inu (SHIB), in March.

AMC Entertainment (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 explained that AMC Theaters’ IT department said “Bitpay will be live for AMC online payments” by March 19 and live on the company’s mobile apps by April 16 or Few days ago.

The CEO has promised the crypto community that AMC Theatres will accept DOGE and SHIB payments since he put up a Twitter poll about dogecoin in September last year and a poll about shiba inu the following month.

Aron then claimed in November last year that he convinced crypto payment service provider Bitpay to support the shiba inu. He also said he would be the first Bitpay customer to accept SHIB.

However, when Bitpay began supporting shiba inu crypto in November, retail giant Newegg quickly started accepting SHIB for payments.

Aron also announced last year that AMC Theaters had begun accepting four cryptocurrencies: bitcoin (BTC), ether (ETH), litecoin (LTC), and bitcoin cash (BCH). However, customers can only pay with these cryptocurrencies through their Paypal accounts.

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