AMC to Accept Bitcoin for Movie Tickets and Concessions by End of 2021
AMC Entertainment Holdings, Inc., plans to accept bitcoin by the end of 2021 according to CEO Adam Aron on an earnings call on Monday. Aron said the movie theater chain will start accepting the leading crypto asset once the company has information technology (IT) systems in place. AMC Plans to Accept Bitcoin According to Firm’s CEO On Monday, during an AMC earnings call, the company’s board members and CEO discussed cryptocurrency acceptance. AMC is the largest movie theater chain in the world as the firm operates 7,967 screens in 620 theatres across the U.S. and 2,866 screens....
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US movie theater chain AMC announced in a shareholder's call Monday it intends to accept Bitcoin for movie tickets and concessions in 2021.
Regal Cinemas has now followed the path laid out by rival AMC Theaters and has begun accepting crypto such as Bitcoin and Dogecoin for tickets and concessions. AMC had made headlines when it became the first major cinema chain to accept crypto payments for tickets and concessions, in addition to accepting crypto for things such […]
Adam Aron, the CEO, and AMC chairman, revealed that the Cinema operator seeks to accept movie ticket payments in Bitcoin. This adoption of Bitcoin payments for its movie tickets was a grant to customer demand. AMC Entertainment is the largest movie theater firm and a Cinema operator in America. It was founded in 1920 with […]
The highly anticipated comedy “Dope” will be the world’s first movie to accept bitcoin for its ticket sales through a partnership between Movietickets.com — which supports over 900 cinemas in the U.S. The integration of GoCoin’s payment gateway will enable users to purchase movie tickets with bitcoin at almost one sixth of the nation’s cinemas. The integration of bitcoin on Movietickets.com is “an integral part of the movie Dope,” which presents bitcoin as a new world currency and an alternative to cash. “I just read that money as we know it is dead. Soon the world is only going to buy and....
The cinema operator has expanded its plans to accept crypto payments for movie tickets with the inclusion of Ether and Litecoin. AMC Entertainment will not only accept Bitcoin (BTC) payments for movie tickets by the end of 2022 but will also include other popular digital currencies in its crypto acceptance policy.Tweeting on Thursday, the company’s CEO, Adam Aron, announced plans for AMC to accept three other cryptocurrencies — Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).As previously reported by Cointelegraph, AMC initially unveiled plans to accept Bitcoin payments for online movie....