AMC Entertainment to Accept Bitcoin, Ether, and other Cryptocurrencies as Payment
AMC Entertainment chief executive Adam Aron has said that AMC Theaters will accept Bitcoin (BTC) and other cryptocurrencies, including Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), for online ticket and concession payments.
“Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we similarly will accept Ethereum, Litecoin and Bitcoin Cash,” tweeted Aron on Wednesday.
Earlier last month, during the company's earnings, call for the period ended June 30, 2021, the CEO had revealed that they plan to accept Bitcoin as a payment for movie tickets and concessions by this year-end.
At the time, Aron also shared that over the past six months, he has been learning about blockchain and cryptocurrency. Additionally, he said they were “intrigued” by potentially lucrative business opportunities for the company if they “intelligently pursue further serious involvement with cryptocurrency.”