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AMC Entertainment to accept Dogecoin and Shiba Inu payments via BitPay

The CEO of the world's largest movie exhibition firm, AMC Entertainment, has stated that the firm will start accepting two meme cryptocurrencies as payments, dogecoin (DOGE) and shiba inu (SHIB), in the coming weeks.

Adam Aron, CEO of AMC Entertainment Holdings, has stated on Twitter that AMC Theatres will accept payments in two popular meme cryptocurrencies, Dogecoin (DOGE) and Shiba Inu (SHIB) in March. 

AMC Entertainment, formerly known as AMC Theatres, is the world’s biggest movie exhibition corporation, with locations in the United States, Europe, and Asia. Globally, the firm owns or runs around 950 theatres and 10,500 screens.

Aron then stated in November of last year that he persuaded Bitpay, a cryptocurrency payment service provider, to endorse Shiba Inu. He also stated that he would be Bitpay’s first client to accept SHIB. However, when Bitpay began supporting Shiba Inu cryptocurrency in November, retail giant Newegg swiftly began taking SHIB payments.

Last year, Aron revealed that AMC Theatres had begun taking four cryptocurrencies: bitcoin (BTC), ether (ETH), litecoin (LTC), and bitcoin cash (BCH). Customers, however, may only purchase these cryptocurrencies through their PayPal accounts.

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Vaishali Goel
Vaishali Goel
Technology enthusiast, explorer and academic scholar. Currently exploring the crypto world. Join me in my journey to see how crypto, NFT and Metaverse will change the world.


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