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Seeking Alpha 2021-11-15 23:58:11

AMC to accept Shiba Inu for payment within 120 days

AMC Entertainment (NYSE:AMC) will be set to accept the novel Shiba Inu (SHIB-USD) digital currency for payments in 60-120 days, CEO Adam Aron says. Aron spent a good chunk of AMC's last earnings call (as he has the last few) talking about how he's listening to the army of retail shareholders filling his inbox with ideas, and saying the theater wouldn't stop at accepting bitcoin (BTC-USD), but would look to take ethereum, litecoin, bitcoin cash and dogecoin - and Shiba Inu, the dog-named token that's drawn the latest hot interest among young TikTokers. Aron took to tweeting (natch) to announce the new development. "Attention #SHIBArmy," he says. "Our friends @BitPay decided to support Shiba Inu specifically because I asked, so AMC can take Shiba Inu for online payments of movie tickets and concessions. @AMCTheatres to be the first @BitPay client to accept Shiba Inu." "Timing 60-120 days," he continues. "This

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