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Finance

AMC Theatres Will Accept DOGE and Shiba Inu via BitPay

AMC already allows bitcoin and ether, among other cryptocurrencies, to be used for payments.

By Aoyon Ashraf
AccessTimeIconFeb 28, 2022 at 6:15 p.m. UTC
Updated May 11, 2023 at 7:11 p.m. UTC
(Donreál Lunkin/Unsplash, modified by CoinDesk)

(Donreál Lunkin/Unsplash, modified by CoinDesk)

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AMC Theatres customers next month will be able to pay with meme coins dogecoin (DOGE) and shiba inu (SHIB) using crypto payments provider BitPay.

  • “BitPay will be live for AMC online payments on our web site by March 19, and live on our mobile apps by April 16, possibly a few days earlier,” tweeted AMC CEO Adam Aron on Monday.
  • In November the company, a unit of AMC Entertainment Holdings (AMC) began accepting bitcoin (BTC), ether (ETH), bitcoin cash (BCH) and litecoin (LTC) for payments, and promised DOGE was coming soon. At that time, AMC also said it would explore using shiba inu.
  • AMC shares were up about 4% today, but remain lower by more than 30% year to date.

See also: Verifone Partners With BitPay to Support Crypto Payments

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Aoyon Ashraf
Aoyon Ashraf

Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets

Follow @Aoyon_A on Twitter

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