AMC Entertainment Holdings, Inc. [NYSE: AMC] is going to accept Bitcoin and other cryptocurrencies soon. Presently, more and more firms are turning their focus towards cryptocurrency and AMC Entertainment is the latest entertainment firm, which is going to accept Ethereum, Litecoin, along Bitcoin.
Adam Aron. CEO of AMC took to Twitter and shared breaking news with cryptocurrency enthusiasts. He disclosed that AMC Entertainment has decided to accept Bitcoin for online ticket and concession payments by year-end 2021. This is the greatest news for cryptocurrency enthusiasts who are planning to invest in AMC Entertainment.
Shares of AMC Entertainment plunged -1.47% during the pre-market trading session of Thursday. In the past 52-weeks of a trading session, the share of the firm fluctuated between the 52-weeks low and the high range of $1.91 and $72.62, respectively. AMC Entertainment Holdings, Inc. has recorded a total market capitalization of $23.26 billion at the time of writing.
Furthermore, Adam revealed that when the firm will start accepting the payment in Bitcoin, it will also plan to accept payment in other cryptocurrencies such as Ethereum, Litecoin, and Bitcoin Cash.