American Theater AMC CEO Confirms to Accept Bitcoin

On Sep 17, 2021

This time, AMC theatre officially confirmed that they will accept payments in Bitcoin with three other crypto assets.

Earlier this year in August, AMC American Theater announced their plans to accept Bitcoin payments for their tickets and other possible Services, during Earnings calls. At that time, AMC revealed that it was just a proposal and they had no plan on how they would execute it and how they would accept it. But now they confirmed it.

Adam Aron, Ceo of AMC, took to twitter and confirmed this plan for the theatre. And stated that he can confirm to accept Bitcoin and also with Bitcoin, they will also accept Ethereum, Litecoin & Bitcoin cash.

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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

Here it should be noticed that , all these payments will be available for the online customers i.e those customers who will book the tickets through online mode, will be able to pay in crypto.

Alongside the Booking tickets with the Bitcoin payments, they will accept crypto payments for the concessions by the theaters.

AMC is a theater network chain which has a very big network globally in the cinema industry. And now they are planning to adopt the technology as much as possible. Right now with the adoption of the bitcoin payment method, the company will also add Google Play and ApplePay in the payment option.