AMC will Start to Accept Bitcoin, Ethereum, Litecoin and Bitcoin Cash
AMC became known in the wide public during the pandemic, due to its stock. Many institutional investors have betted that the stock will drop massively. This fact was recognized by many analysts, who pushed retail investors to buy more and more stocks from AMC.
This move created a huge value add for the company, allowing it to raise more capitals from the stock market to develop its venture more. At this moment, AMC manages 950 theaters and more than 10,000 screens on them.
Recognizing the crypto community’s contribution in the latest move, AMC will start to accept for ticket selling Bitcoin, Ethereum, Litecoin and Bitcoin Cash, considering this move as a strategic option for the future.
We will wait to see how this will work in the future…