AMC Begins Accepting Bitcoin and Ethereum as Online Payments. Dogecoin Is Next. November 12, 2021 Editor Ethereum 0 Text size (Photo by Dan Kitwood/Getty Images) Getty Images AMC Entertainment CEO Adam Aron said the world’s largest cinema chain now accepts Bitcoin, Ethereum, Bitcoin Cash and Litecoin as online payments. In a tweet, Aron said, “Big newsflash! As promised, many new ways NOW to pay online at AMC . We proudly now accept: drumroll, please… Bitcoin, Ethereum, Bitcoin Cash, Litecoin. “ Aron also said AMC (ticker: AMC) accepts Apple Pay, Google Pay and PayPal . “Incredibly, they already account for 14% of our total online transactions!” he tweeted. The CEO said AMC would begin accepting Dogecoin next. Dogecoin jumped in September after Aron tweeted that the company needs to “figure out a way” to accept payment in the cryptocurrency. Aron made that comment on Twitter in response to a question he asked on the platform, asking users whether the company should accept Dogecoin, the crypto that began as a joke. The answer was an unequivocal yes. Earlier this week, Aron said AMC was exploring how to accept Shiba Inu, a crypto that many view as a parody of the more popular and similarly canine-themed Dogecoin. Bitcoin, the world’s largest cryptocurrency, has fallen 2.6% over the past 24 hours to $63,612. Ethereum declined 3.5% to $4,586. Dogecoin fell 1.7% to $0.255784. Bitcoin and Ether set all-time highs on Tuesday. AMC shares rose 0.9% to $39.83 on Friday. Write to Joe Woelfel at joseph.woelfel@barrons.com
