AMC Theatres, the largest movie theater chain in the U.S., is accepting dogecoin and other cryptocurrencies as payment for digital gift cards.
- Customers can buy gift cards up to a value of $200 per day online in app or in theaters using a BitPay wallet, CEO Adam Aron tweeted Wednesday.
- On an earnings call in August, Aron said that the chain would begin accepting bitcoin as payment for tickets and concessions by the end of the year.
- AMC has 593 U.S. theaters and 335 international locations.
- Dogecoin, a meme-based cryptocurrency, responded positively to the news, hitting its highest value in over three weeks at over $0.27 before subsequently pulling back. At the time of writing, DOGE was priced at $0.244.
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