AMC Theatres to Accept Bitcoin, Ether for Online Payments

CEO Adam Aron said dogecoin will be next.

AccessTimeIconNov 12, 2021 at 11:15 a.m. UTC
Updated Nov 12, 2021 at 7:43 p.m. UTC

Jamie Crawley is a CoinDesk news reporter based in London.

AMC Theatres, the largest movie theater chain in the U.S., will now accept bitcoin, ether and other cryptocurrencies for online payments, CEO Adam Aron said.

  • Following reports in August that AMC would be accepting crypto for tickets and concessions later in the year, Aron confirmed that the service is now in operation.
  • “As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please… bitcoin, ethereum, bitcoin cash, litecoin,” he tweeted on Friday.
  • He also indicated that dogecoin will be the next crypto added. AMC began accepting doge as payment for gift cards in partnership with BitPay in October.
  • AMC has 593 U.S. theaters and 335 international locations.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Jamie Crawley is a CoinDesk news reporter based in London.

CoinDesk - Unknown

Jamie Crawley is a CoinDesk news reporter based in London.

Trending

1
CoinDesk - Unknown
First Mover Asia: Bitcoin Holds Above $21K in Weekend Trading; Solana Web3 Phone Faces Long Odds

Ether stays over $1,200; prior blockchain phones have failed because the market has realized their functionalities are already available via apps that can be loaded onto any old phone.

CoinDesk - Unknown
2
CoinDesk - Unknown
Opaque Platforms and Intertwined Protocols Pose Big Risk to Crypto

Second article in a series about risks we’re thinking about during these crypto down days.

CoinDesk - Unknown
3
CoinDesk - Unknown
Putin Weaponizes Inflation

Examining a recent propaganda speech from the Russian leader.

CoinDesk - Unknown
4
CoinDesk - Unknown
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows

FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.

CoinDesk - Unknown