The largest network of AMC cinemas will add support to Ethereum, Litecoin and Bitcoin Cash
The American network of AMC Theatres cinemas until the end of 2021 as a way of paying tickets, in addition to bitcoin, will also introduce Ethereum, Litecoin and Bitcoin Cash. This was announced by CEO of the company Adam Aron.
Cryptocurrency Enthusiasts: You Likely Know @amctheatres Has announced We Will Accept Bitcoin for Online Ticket and Concession Payments by Year-End 2021. I canfirm Today that when We Do So, We Also Expect that We Similarly Willia https://gagarin.news/news/chris-larsen-ripple-donates-5-m-for-a-greener-bitcoin/ Accept Ethereum, Litecoin and Bitcoin Cash. Pic.Twitter.COM/UKCFYQOTOJ
– Adam Aron (@ceoadam) September 16, 2021
“You are probably aware that AMC will begin to accept bitcoin to pay tickets until the end of 2021. I want to confirm these plans and report that such an option will also be available to Ethereum, Litecoin and Bitcoin Cash to holders, – said Aron.
Recall that CEO of the company promised to add a similar opportunity in August at a press conference with investors following the publication of reporting for the second quarter.
The initiative is designed to increase sales against the backdrop of coronavirus pandemia. In January 2021, owning 593 cinemas in the USA and 335 abroad, the network attracted $ 917 million in order to avoid bankruptcy.
AMC noted losses of $ 344 million from March to June 2021. The indicator exceeded Wall Street analysts of $ 440 million.
In January, the cinema chain was supported by retail investors in Sabredite R/Wallstreetbets. Since the beginning of the year, the company’s shares have risen more than 23 times – from $ 2 to $ 46.84.
Earlier, the largest network of cinemas of Thailanda Major Cineplex Group began to take bitcoin to pay tickets.