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8/10/2021, 2:57 AM (Source: TeleTrader)
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AMC Theaters to start accepting Bitcoin

AMC Entertainment Holdings Inc. CEO Adam Aron said the company's theaters will start accepting Bitcoin as payment for tickets and concessions by the end of the year. In AMC's second-quarter earnings call, Aron said the cryptocurrency will be accepted for online purchases at all of its locations in the United States.

The theater chain is the latest in a string of businesses embracing Bitcoin. Tesla announced it will use it as a payment method, although it later suspended the decision. WeWork accepted a number of cryptocurrencies, while both eBay and PayPal explored options that would allow cryptocurrency transactions.

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