{"id":14130,"date":"2021-11-10T01:54:04","date_gmt":"2021-11-10T01:54:04","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/amc-theatres-on-track-to-accept-4-cryptocurrencies-next-month-ceo-expects-dogecoin-and-shiba-inu-to-follow\/"},"modified":"2021-11-10T01:54:04","modified_gmt":"2021-11-10T01:54:04","slug":"amc-theatres-on-track-to-accept-4-cryptocurrencies-next-month-ceo-expects-dogecoin-and-shiba-inu-to-follow","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/amc-theatres-on-track-to-accept-4-cryptocurrencies-next-month-ceo-expects-dogecoin-and-shiba-inu-to-follow\/","title":{"rendered":"AMC Theatres on Track to Accept 4 Cryptocurrencies Next Month: CEO Expects Dogecoin and Shiba Inu to Follow"},"content":{"rendered":"

The CEO of the world\u2019s largest movie exhibition company, AMC Entertainment, says that his company is \u201con track\u201d to accept four cryptocurrencies by year-end. Dogecoin (DOGE) is expected to be added in the first quarter of next year, and the company is currently figuring out how to take shiba inu (SHIB) as a currency.<\/strong><\/p>\n

AMC Discusses Its Crypto Plans: Dogecoin, Shiba Inu Included<\/h2>\n

AMC Entertainment Holdings (NYSE: AMC), aka AMC Theatres, provided an update of its crypto plans during the company\u2019s Q3 earnings call Monday.<\/p>\n

AMC is the largest movie exhibition company in the U.S., Europe, and the world. As of March 31, the company owned or operated approximately 950 theaters and 10,500 screens globally.<\/p>\n

\u201cWe started accepting<\/a> cryptocurrency for AMC gift cards and are encoding right now to accept cryptocurrency for online payments on our website and mobile app,\u201d AMC CEO Adam Aron explained, elaborating:<\/p>\n

We are on track right now to accept, as we promised, bitcoin, ethereum, litecoin, bitcoin cash and others prior to year-end next month \u2026 We think we\u2019ll be able to launch the acceptance of dogecoin in the first quarter of \u201922, just a few months from now.<\/p>\n

Before deciding to accept dogecoin, the CEO set up a Twitter poll asking his followers whether they wanted AMC to accept the meme cryptocurrency. The outcome was \u201cso fascinating<\/a>\u201d that the company immediately looked into accepting DOGE. \u201cWe\u2019re in the process of figuring out how to take dogecoin,\u201d Aron confirmed.<\/p>\n

Regarding whether AMC will accept shiba inu (SHIB), Aron noted that after his company\u2019s initial announcement<\/a> about accepting cryptocurrencies, \u201cthe flood of commentary came in about shiba inu.\u201d<\/p>\n

The CEO proceeded to set up another Twitter poll<\/a>. This time he asked his followers whether AMC should accept SHIB as a means of payment alongside dogecoin and other cryptocurrencies previously announced.<\/p>\n<\/p>\n

Out of a total of 153,100 votes<\/a>, 87.6% said \u201cYes.\u201d Aron described, \u201cA lot of you voted, and a lot of you voted yes,\u201d adding:<\/p>\n

We are now figuring out how we can take shiba inu as a currency \u2026 That\u2019s the next one on our cryptocurrency hip parade.<\/p>\n

Furthermore, Aron noted: \u201cWhile we will accept cryptocurrency, we will not hold it on our balance sheet, and therefore, will not face increased balance sheet risks.\u201d<\/p>\n

The CEO also revealed that AMC is considering launching its own cryptocurrency. In addition, he confirmed that the company is \u201cin conversation with multiple major Hollywood studios about the concept of joint venturing commemorative NFTs [non-fungible tokens] related to major film titles that show in our theaters.\u201d<\/p>\n

The AMC CEO further shared:<\/p>\n

There\u2019s just been a tidal wave of inbound messaging to our company and to me personally that we ought to get much more active in the sphere of cryptocurrency and that there was real opportunity for AMC.<\/p>\n

What do you think about AMC\u2019s plan to accept cryptocurrencies, including dogecoin and shiba inu? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nNews, AMC, AMC Bitcoin, AMC coins, AMC crypto, AMC cryptocurrencies, amc doge, amc dogecoin, AMC entertainment, AMC NFTs, AMC shib, AMC shiba inu, AMC Theatres<\/p>\n","protected":false},"excerpt":{"rendered":"

The CEO of the world\u2019s largest movie exhibition company, AMC Entertainment, says that his company is \u201con track\u201d to accept four cryptocurrencies by year-end. Dogecoin (DOGE) is expected to be added in the first quarter of next year, and the company is currently figuring out how to take shiba inu (SHIB) as a currency. AMC…<\/p>\n","protected":false},"author":0,"featured_media":14131,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-14130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14130"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=14130"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14130\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/14131"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=14130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=14130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=14130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}