AMC will accept Dogecoin and Shiba Inu as payment options in 2022

At the end of October 2021, the news that AMC would accept Shiba Inu as a payment option caused a sensation in the crypto community.

And according to the latest information, AMC will accept both Shiba Inu and Dogecoin this 2022, especially the first quarter of the new year.

AMC will accept Dogecoin and Shiba Inu as payment options in 2022

The news about Dogecoin and Shiba Inu comes as AMC started supporting alternative payment methods like Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Apple Pay, Google Pay and PayPal.

“I’ve been asked many times when AMC is likely to accept Dogecoin and Shiba Inu for all payments made through the AMC website and mobile app.” March. ” Aron tweeted on Thursday.

AMC’s interest in cryptocurrencies

AMC has shown serious interest in cryptocurrencies lately. Earlier this year, American cinema chain giant AMC announced that its cinemas will accept Bitcoin payments from the end of 2021. Accordingly, Bitcoin is accepted for both cinema tickets and cinema concessions.

Aron initially hinted at backing Dogecoin in September and started accepting meme currencies for gift card purchases up to $ 200 a day with BitPay in October. Aron tweeted on Nov. 15 that AMC intended to get the Shiba Inus within 60 to 120 days to purchase.

In addition, Aron indicated that AMC is investigating its development potential for cryptocurrencies. Bitcoin, the world’s most valuable cryptocurrency, is currently selling for around $ 43,000 per coin, while Ethereum, Litecoin, Bitcoin Cash, Dogecoin, and Shiba Inu are around $ 3,400, $ 137, $ 400, 16 cents, and 3 cents, respectively for each coin .

The adoption of cryptocurrencies is just one of the areas AMC is focusing on after increasing liquidity through stock sales, reopening its cinemas during the COVID-19 outbreak, and being fueled by the retail investor-led meme stock craze last year.

AMC is also pursuing alternative content such as live sporting events, buying more theater rentals, a nationwide advertising campaign worth $ 25 million, and expanding into popcorn sales.

The adoption of cryptocurrencies is just one of the areas AMC is focusing on after increasing liquidity through stock sales, reopening its cinemas during the COVID-19 outbreak, and being fueled by the retail investor-led meme stock craze last year.

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