AMC CEO Adam Aron has taken to Twitter to announce that the largest US cinema chain is going to start accepting Ethereum, Litecoin and Bitcoin Cash on top of Bitcoin.
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Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we similarly will accept Ethereum, Litecoin and Bitcoin Cash. pic.twitter.com/uKcFyQotoJ
— Adam Aron (@CEOAdam) September 16, 2021
As reported by U.Today, Aron initially revealed his company's plan to add support for the largest cryptocurrency during an earnings call in early August.
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The Leawood-headquartered company made plenty of headlines because of its stock’s volatile moves in early 2021 after it became the darling of retail traders during the GameStop mania.
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The shares of AMC closed at $46,84 on Sept. 15. The stock is up a whopping 2,131 percent year-to-date.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team