In addition to bitcoin, AMC will soon accept other cryptocurrencies for purchases

AMC on Wednesday expanded the vary of cryptocurrencies it soon plans to accept for movie-ticket and concession purchases.

In its second-quarter earnings report in August, AMC Entertainment Holdings Inc.
AMC,
-0.97%,
the nation’s largest movie-theater chain, introduced it will accept bitcoin
BTCUSD,
+0.45%
for on-line ticket and concession purchases earlier than the tip of this 12 months. In a tweet Wednesday, AMC Chief Executive Adam Aron stated Ethereum
ETHUSD,
+2.13%,
Litecoin
LTCUSD,
+3.44%
and Bitcoin Cash
BCHUSD,
-1.02%
will even be accepted.

During the August earnings name, Aron stated AMC will additionally accept funds by way of Apple Inc.’s
AAPL,
+0.61%
Apple Pay and Alphabet’s
GOOGL,
+1.32%

GOOG,
+1.26%
Google Pay by 12 months’s finish.

A rising variety of firms are accepting bitcoin and other cryptocurrencies as fee, together with PayPal Holdings Inc.
PYPL,
+0.07%
and Square Inc.
SQ,
+0.71%.
Earlier this 12 months, Tesla Inc.
TSLA,
+1.52%
made a splash after asserting it will accept bitcoin for funds, then halted these plans in May after CEO Elon Musk raised considerations about crypto mining’s results on international vitality utilization.

AMC shares are up an astounding 2,100% 12 months to date, thanks to the meme-stock frenzy earlier this 12 months, although they’ve slumped 15% over the previous three months.

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About the Author: Daniel