AMC CEO announces ‘huge news’ for Dogecoin fans as movie chain begins accepting crypto payments for gift cards
The CEO of the world’s largest film exhibition company, AMC Entertainment, has announced “huge news” for dogecoin fans. As his company strives to accept cryptocurrency, he said customers can now “buy AMC Theaters digital gift cards … with dogecoin and other cryptocurrencies.”
AMC accepts cryptocurrencies for gift cards
After announcing that AMC “will find out how” to accept dogecoin by the end of the year alongside four other cryptocurrencies, CEO Adam Aron tweeted on Tuesday that he had “huge news” for them. dogecoin fans.
AMC Entertainment Holdings is the largest film exhibition company in the United States, Europe and the world. As of March 31, AMC owned or operated approximately 950 theaters and 10,500 screens worldwide.
The executive wrote: “Huge new dogecoin fans! As we work to accept crypto payments online, you can now purchase AMC Theaters digital gift cards (up to $ 200 per day) with dogecoins and other cryptocurrencies using a wallet. Bitpay. Accepted on our website, mobile app and in theaters.
The gift card merchant directory on the Bitpay website, where AMC gift cards are listed, has over 100 listings. To purchase a gift card, users are advised to install a Bitpay browser extension and use the Bitpay wallet.
The Dogecoin community welcomes this announcement from the CEO of AMC. Lots of people tweeted “This is huge” and “Doge to the moon!” While this announcement is only for gift cards, the community expects AMC to begin accepting DOGE alongside other previously announced cryptocurrencies soon.
Aron announced in September that AMC would accept bitcoin, ether, litecoin, and bitcoin cash by the end of the year.
While dogecoin was not included in the original list of cryptocurrencies AMC would accept, Aron conducted a Twitter poll asking his followers if AMC should accept dogecoin. He was overwhelmed with the results and the response from the Doge community. The CEO then tweeted: “So fascinating! Dogecoin Poll was by far my highest tweet ever read. In 24 hours, 4.2 million views, my most retweets, the most responses. 140,000 votes 77% yes 23% no. He then announced that AMC would consider accepting the cryptocurrency itself.
What do you think about AMC’s acceptance of dogecoin and other cryptocurrencies? Let us know in the comments section below.
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