AMC Theatres Inc. (AMC) is expected to start accepting the dog-faced tokens Shiba Inu (SHIB) and Dogecoin (DOGE) from March this year, Adam Aron, CEO of AMC, tweeted.
The AMC stock, which had plunged after opening at $22.96, rose again after the tweet came from the AMC CEO. At the time of writing, AMC, up 0.19 points, trades at $22.94 (+0.84%).
AMC Theatres trying to walk along with the present generation, announced accepting the cryptocurrencies in late November. But, the question of when the entire process will be completed to facilitate the payment with the cryptos has been constantly raised.
Addressing the questions, AMC CEO Adam Aron made the tweet wherein he mentioned that the work is in progress and is likely to be completed in the first quarter, around March.
Many Twitter users thanked Adam for addressing their queries and welcomed the acceptance of cryptocurrencies as a mode of payment.