It has become clear that the US-based AMC, the world’s largest movie theater chain, will accept Shiba Inu (SHIB) as a payment method.
AMC CEO Adam Aron announced on Twitter today that they will accept SHIB in 60 to 120 days through leading cryptocurrency payment company BitPay. Aron stated that BitPay will start accepting Shiba Inu upon its own suggestion and AMC will use the service for the first time.
The Shiba Inu community has been putting pressure on AMC to accept this cryptocurrency lately. There were many requests from users to accept the Shiba Inu under Aron’s tweets.
Last week, Aron announced that AMC has begun accepting Bitcoin, Ether and other cryptocurrencies for online payments.
AMC operates in approximately 1000 locations worldwide. The company generated revenue of $1.24 billion in 2020, with net income of minus $4.6 billion. The shares of AMC, which has a market value of $22 billion, are trading at $42.68.
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