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Shiba Inu (SHIB) Will Be Added as Payment Option to AMC Theaters Next, Says CEO

Jordan Lyanchev Nov 9, 2021 08:03
AMC Theatres will work on adding the popular meme coin Shiba Inu to its list of cryptocurrency payment options.

The giant movie theater chain continues with its pro-digital asset approach, according to the CEO – Adam Aron. In a recent earnings call, Aron indicated that the company is exploring how to add Shiba Inu (SHIB) as a payment method as well.

  • CryptoPotato reported earlier this year when AMC began its cryptocurrency endeavor by allowing its customers to buy certain goods with BTC, ETH, LTC, and BCH.
  • Shortly after, the firm took advantage of the ongoing meme coin craze and added Dogecoin as well.
  • In late October, Aron took it to Twitter to ask whether AMC should do the same with the self-proclaimed DOGE-killer – Shiba Inu.

  • It seems that the overwhelming dominance of those who believe that the addition should happen “for sure” has pushed the CEO into exploring how to do it.
  • The Verge cited a recent earnings call in which Aron promised that once the company fully adopts the aforementioned digital assets, Shiba Inu will be “the next one on our cryptocurrency hit parade.”
  • “I can confirm today that we have been exploring with third parties over the past few months both how we can accept cryptocurrency and if it is feasible for AMC to consider even launching our own cryptocurrency.” – Aron added.

  • Moreover, he explained that the firm is “now in conversation” with numerous Hollywood studios “about the concept of joint venturing commemorative NFTs related to major film titles that show in our theaters.”
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Jordan Lyanchev

Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain. Contact Jordan: LinkedIn