Last month, AMC Entertaiment announced that it would integrate bitcoin (BTC) into the financial structure of its theaters in the United States by the end of this year. In the last hours, the president of the firm, Adam Aaron, announced that they will add ether (ETH), litecoin (LTC) and bitcoin cash (BCH) as other crypto options for their clients.
“Cryptocurrency enthusiasts: AMC has announced that we will accept Bitcoin for ticket payments and online concessions by the end of 2021. I can confirm today that when we do, we also expect that we will similarly accept Ethereum, Litecoin, and Bitcoin Cash, “he wrote Aaron on his Twitter account.
As explained by the businessman last month, customers who wish to pay tickets with cryptocurrencies will be able to do so through Google Pay and Apple Pay at the end of this year. The initiative seeks to boost crypto adoption, while modernizing the company’s financial structures.
AMC has been a very successful company for the crypto community and retail investors, as earlier this year its shares received a strong boost thanks to the WallStreetBets phenomenon. From there, a bond with the community began to be forged that ends up being translated into a process of innovation.
In early 2021, the shares of AMC oscillated around USD 2. After the urge fans on Reddit, grew by more than 2,200% to over $ 62. Currently, they are spinning above $ 46.