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World’s Largest Movie Theater Chain to Start Accepting Ethereum, Litecoin and Bitcoin Cash

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Thu, 16/09/2021 - 3:29
World’s Largest Movie Theater Chain to Start Accepting Ethereum, Litecoin and Bitcoin Cash
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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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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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Back then, he also said that AMC would consider other blockchain-relation options, which is why altcoin payments appear to be a logical step for the movie theater chain.

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.  

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