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AMC Theatres now accepts Dogecoin, Shiba Inu AMC Theatres now accepts Dogecoin, Shiba Inu

AMC Theatres now accepts Dogecoin, Shiba Inu

American movie theater company AMC Theatres has added cryptocurrencies Dogecoin and Shiba Inu to the payment options included in the companyโ€™s mobile app. The movie company now accepts several cryptos via BitPay.

AMC Theatres now accepts Dogecoin, Shiba Inu

Cover art/illustration via CryptoSlate

AMC Theatres has partnered with Bitpay to offer various crypto payment options, including Dogecoinย (DOGE) and Shiba Inu (SHIB).

AMC Theatres CEO Adam Aron announced the development on Twitter.

In the tweet, Aron said that people across the U.S. using AMCโ€™s iOS and Android apps could use crypto payments to pay for tickets and other services.

Not the first crypto to be accepted by AMC

Increasingly interested in cryptocurrencies, AMC Theatres, called a โ€œmeme stockโ€ by some, has been accepting crypto payments for almost six months. The company first started taking crypto payments in November 2021, which allowed customers to purchase movie tickets and other services online using Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).

The companyโ€™s move into Dogecoin and Shiba Inu was expected since early this year when CEO Adam Aron tweeted that the company would accept the doggy coins no later than March 2021. Though slightly overdue, AMC Theatres has now delivered on those promises.

Dogecoin soars thanks to Elon Musk

U.S.-based customers can download the latest version of AMCโ€™s mobile app to access payments with Dogecoin and Shiba Inu. The company did not disclose the other cryptocurrencies it will accept.

Though eternally popular, as it seems, the dog tokens have received an increasing interest of late, not the least through the aid of Tesla CEO Elon Muskโ€™s announcement on April 14 that heโ€™s interested in buying the whole of Twitter, not โ€œjustโ€ the 9% he purchased recently.

Meanwhile, Robinhoodโ€™s CEO Vlad Tenev put together a case for how Dogecoin can become the internetโ€™s native currency. Since Robinhood added send/receive DOGE functionality, Tenev said heโ€™s been thinking about โ€œwhat that would take.โ€