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AMC Theatres Will Accept DOGE and Shiba Inu via BitPay
AMC already allows bitcoin and ether, among other cryptocurrencies, to be used for payments.
AMC Theatres customers next month will be able to pay with meme coins dogecoin (DOGE) and shiba inu (SHIB) using crypto payments provider BitPay.
- “BitPay will be live for AMC online payments on our web site by March 19, and live on our mobile apps by April 16, possibly a few days earlier,” tweeted AMC CEO Adam Aron on Monday.
- In November the company, a unit of AMC Entertainment Holdings (AMC) began accepting bitcoin (BTC), ether (ETH), bitcoin cash (BCH) and litecoin (LTC) for payments, and promised DOGE was coming soon. At that time, AMC also said it would explore using shiba inu.
- AMC shares were up about 4% today, but remain lower by more than 30% year to date.
See also: Verifone Partners With BitPay to Support Crypto Payments
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Aoyon Ashraf
Aoyon Ashraf is CoinDesk's managing editor for Breaking News. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from University of Toronto with a degree in mining engineering. He holds ETH and BTC, as well as ALGO, ADA, SOL, OP and some other altcoins which are below CoinDesk's disclosure threshold of $1,000.
