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American Cinema Chain AMC Plans To Accept Bitcoins For Payment

10 August 2021 11:10, UTC
Anna Martynova

American cinema chain AMC plans to begin accepting bitcoin as a means of payment for movie tickets in all of its US cinemas by the end of this year. Today, cryptocurrency is very popular and everyone can quickly and easily buy bitcoin. AMC Entertainment executives said the company's new investors are enthusiastic about cryptocurrency.

On Monday AMC Entertainment confirmed that the company plans to accept bitcoin as a payment method. During a conference call with investors, CEO Adam ARON confirmed the plans, saying that the technology systems for processing bitcoin payments will be ready by the end of the year. Once the system is up and running, customers will be able to pay for movie tickets at all AMC cinemas in the US using bitcoin.

The announcement was made against the backdrop of the positive dynamics of bitcoins. Over the past 24 hours, bitcoin has risen by about 5% and exceeds the $45,000 mark.

Image: Los Angeles Magazine