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Market News

AMC Theaters Plans to Add Shiba Inu As a Payment Method

By the end of the year, the theatre chain plans to accept multiple cryptocurrencies as payment for ticket purchases.

Written By:
Vismaya V

Last updated: October 30, 2021 7:22 AM
Published October 30, 2021 7:22 AM
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Last updated: October 30, 2021 7:22 AM
Published October 30, 2021 7:22 AM
AMC Theaters Plans to Add Shiba Inu as a Payment Method

In Brief:

  • The CEO of AMC asked his Twitter followers their thoughts on accepting Shiba Inu as payment.
  • This month AMC permitted its customers to purchase digital reward cards using Dogecoin.

American Movie theatre chain AMC Entertainment Holdings is considering accepting Shiba Inu tokens as a payment method for ticket purchases.

Adam Aron, Chief of AMC, tweeted a poll asking his followers if they should add Shiba Inu as a form of online payment along with multiple other crypto coins they plan to include.

By this time, 118,932 Twitter users had voted in the poll, with almost 79% of respondents saying “Yes.”

TWITTER POLL #2: As you know, you can now purchase AMC gift cards using cryptocurrency, and our IT group is writing code so that soon we can accept online payments in Bitcoin, Ethereum, Litecoin and Dogecoin among others. Should we strive to take Shiba Inu too?

— Adam Aron (@CEOAdam) October 29, 2021

AMC is upgrading its technical system to support customers to purchase movie tickets online using Bitcoin, Ethereum, Litecoin, and Dogecoin by the end of 2021.

The largest theatre chain in the world is planning to venture more into the crypto world. AMC’s CEO discussed the option of creating a company-specific crypto token last week.

AMC permitted its users to buy digital gift cards with Dogecoin and other cryptocurrencies via the BitPay wallet earlier this month.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Vismaya V - Content Writer
By Vismaya V
Vismaya is a crypto content writer with over two years of experience in the field. With a passion for writing and research, Vismaya has made a name for herself in the crypto community with her in-depth analysis and clear explanations of complex topics. In addition to her love for writing and crypto, Vismaya is also a big fan of football and anime.

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