One of the hottest 2021 stocks has been AMC Entertainment Holdings Inc (NYSE: AMC). The stock has gained favor with a loyal community that sees a strong recovery coming for the movie theater company. CEO Adam Aron may have brought in new fans and investors with an openness to accept several cryptocurrencies for payment.
What Happened: Aron announced this week that AMC Entertainment Holdings will accept Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Litecoin (CRYPTO: LTC) and Bitcoin Cash (CRYPTO: BTC) transactions as payment.
The announcement came after Aron said on the second quarter earnings call that the movie theater company would accept Bitcoin payments by the end of the year.
Aron’s announcement ruffled some feathers in the Dogecoin (CRYPTO: DOGE) community, as no announcement has been made to accept the popular meme cryptocurrency at the theaters yet.