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World’s Largest Movie Theater, AMC Accepts Dogecoin As Payment Option

source-logo  bitcoinworld.co.in 07 October 2021 01:59, UTC

The world’s biggest movie theater finally accepts dogecoin for payment. Additionally, the memecoin will now be used for transaction purposes in the movie theater. More so, reports show that AMC CEO Adam Aron publicly rolls out support for the memecoin.

Subsequently, the joke coin is set to be used for eGifts. Also, the world’s largest movie theater will be integrating and enabling other cryptocurrencies to pay for tickets. Of course, as well as concession stand purchases.

Furthermore, this move is after the company conducted a Twitter poll. The company set the poll, asking its audience for their opinion on whether to accept dogecoin.

Additionally, the poll attracted the top game player, Tesla CEO Elon Musk. Which is of course regarded as the Dogecoin Godfather. Musk goes ahead to like the tweet.

More so, The world’s largest movie theater will also add support for Bitcoin. Then, also Ethereum, Litecoin, and Bitcoin Cash by the end of the year.

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Meanwhile, Most companies are trying to recover from the pandemic loss such as AMC. AMC Movie theater’s revenue sees 90% decline.

So, the company keeps having financial strain from 2020. However, records show The AMC stock is up 1,634% year-to-date.

Conclusively, the leading movie theater keeps making more exposure and expansion to help its revenue. Currently. It sets a new post-reopening attendance record, with 3.9million visitors worldwide. This is because of the “No Time to Die” and “Venom: Let There Be Carnage.”

bitcoinworld.co.in