US cinema chain plans to accept Bitcoin payments
by: Dynasty GI2021-08-15
The AMC chain of cinemas across the United States will soon add the option to buy tickets or concessions online using Bitcoins.
The information was provided by AMC’s CEO, Adam Aron, during the company’s latest quarterly earnings call.
"According to Aron, AMC Entertainment was in the “preliminary stage” of exploring opportunities to enter the cryptocurrency space. He added that he had to “learn more in the past six months about Blockchain and cryptocurrencies than I learned about it in the entire decade before that”."
Although take up remains relatively small, the past few months have seen a number of US retailers announcing plans to accept payments in digital currencies, which helped to further expand availability of crypto-based debit and credit cards.