AMC Theatres will now accept cryptocurrency Shiba Inu as mode of payment

Adam Aron, the Chief Executive Officer (CEO), of the world’s largest movie exhibition company AMC announced on Monday, that the company will soon be able to accept cryptocurrency Shiba Inu (SHIB), as a mode of payment for buying tickets online.

It is worth noting that AMC is the largest movie exhibition company in the US, Europe, and the world. As of March 31, the company owned about 950 theaters and 10,500 screens globally.

Aron tweeted that crypto payment service provider Bitpay has decided to support Shiba Inu specifically because he asked them to. Therefore, AMC will be able to take SHIB for online payments of movie tickets and concessions in about 60 to 120 days. Aron added that AMC Theatres is set to become the first Bitpay client to accept SHIB.