Dogecoin and Shiba Inu Payments Coming to AMC Theatres in March
The CEO of AMC Entertainment Holdings, Adam Aron, announced on Twitter Monday that AMC Theatres will be accepting payments in two popular meme 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 the IT department at AMC Theatres says that “Bitpay will be live for AMC online payments” by March 19 and live on the company’s mobile apps by April 16 or a few days earlier.
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 shiba inu. He also said that he would be the first client of Bitpay 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 Theatres 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.