AMC Theaters to Accept Bitcoin in 2021
AMC announced in a shareholder's call Monday it intends to accept Bitcoin for movie tickets and concessions in 2021.US movie theater chain AMC announced in a shareholder's call Monday it intends to accept Bitcoin for movie tickets and concessions in 2021.Speaking on the company's Q2 earnings, AMC chairman and CEO Adam Aron said the company, best known for operating nearly 1,000 movie theaters around the globe, will accept Bitcoin for tickets and concessions ordered online.Aron said the company intends to launch the service by the end of the year, but did not comment further on....
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American theater chain giant AMC announced earlier in the year that its theaters would begin accepting bitcoin payments by the end of 2021. The announcement was made in an earnings report in August. Explaining that the theater chain would start accepting the cryptocurrency for online payments. Bitcoin payments would be accepted both for movie tickets […]
AMC Theaters has rolled out the first phase of its plan to implement Dogecoin (DOGE) payments for its customers. This comes after massive demand from its customer base for the meme coin to be added as a mode of payment. AMC Theaters had earlier announced the addition of crypto payments for concessions and tickets. Following […]
MovieTickets.com, one of the largest movie ticket purchasing platforms in the US, now enables movie-goers to buy movie tickets with bitcoin at 985 theaters. The move was made possible through an integration with bitcoin payment processor GoCoin. As a result, theater chains that use the credit card processing services offered by MovieTickets.com will be able to accept bitcoin for any film offered. GoCoin CEO Steve Beauregard indicated that this includes Regal Cinemas, the nation's largest theater chain with more than 500 locations. Holdouts notably include AMC Theaters, which itself boasts....
Over the past week, social memecoin DOGE has risen 25% above the previous psychological price threshold of $0.25. Following an overwhelming positive response to a Twitter poll on Sept. 21, CEO of AMC Theater, Adam Aron announced Wednesday that the chain would officially accept Dogecoin payments for digital gift cards via BitPay Wallet. The Dogecoin community — notoriously passionate for adoption initiatives — tweeted in droves to advocate for the asset's integration within the theater's payment options. Following the successful endeavor, users can now purchase up to $200 worth of digital....
Dogecoin has now made its way onto the radar of CEO of AMC Theaters Adam Aron. The CEO has announced in early August the entertainment giant’s plan to begin accepting crypto payments. The move to accept cryptocurrencies was very popular among the investor community. Seeing this as evidence that more adoption was coming, given that […]