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November 12, 2021

AMC Officially Begins Accepting Bitcoin, Ethereum, and These Popular Altcoins for Payment

By Daily Hodl Staff

Movie theater giant AMC is finally accepting Bitcoin (BTC), Ethereum (ETH) and other cryptos as forms of payment after months of anticipation.

AMC CEO Adam Aron took to Twitter this morning to announce the news.

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According to Aron, you can now purchase tickets and other AMC offerings with Bitcoin, Bitcoin Cash (BCH), Ethereum and Litecoin (LTC). The chief executive also mentions that popular memecoin Dogecoin (DOGE) will be next.

The news comes after months of announcements suggesting that AMC’s adoption of crypto was just around the corner. In a tweet this past September, Aron signaled the entertainment giant’s intentions to accept crypto for purchases.

In October, AMC announced that consumers could buy gift cards loaded with DOGE. Then, just last week, Adam Aron surveyed Twitter on whether or not AMC should accept fellow dog-themed altcoin Shiba Inu (SHIB). The response was resoundingly positive.

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Although AMC is exploring SHIB as a payment option, the Dogecoin competitor was absent from today’s announcement.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/klyaksun