Cinema giant AMC to accept crypto payments

Şükriye Akdeniz

Sep 16, 2021

AMC, America's largest cinema chain and now like many innovative institutions, announced that it will accept Bitcoin and some altcoins as payment methods

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AMC CEO Adam Aron announced on September 15 and said in the announcement that the number of cryptocurrencies the firm will accept as a payment method will increase.
The company first announced on August 9 that it would accept Bitcoin payments. Finally, Aron added that AMC will also accept Ethereum, Litecoin, and Bitcoin Cash.
And even if none of the tech monopolies support crypto, customers will also be able to pay via Google Pay and Apple Pay by the end of the year.
AMC shares had risen to be highly preferred by investors this year. Share prices were at $2 at the start of the year, while AMC stock rose 37% over the past month to $46.86 at market close yesterday, according to the data.

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