AMC Theatres customers next month will be able to pay with meme coins DOGE$0.1005 and shiba inu SHIB$0.0₅6580 using crypto payments provider BitPay.
“BitPay will be live for AMC online payments on our web site by March 19, and live on our mobile apps by April 16, possibly a few days earlier,” tweeted AMC CEO Adam Aron on Monday.
In November the company, a unit of AMC Entertainment Holdings (AMC) began accepting bitcoin BTC$68,200.54, ether ETH$1,996.94, BCH$563.69 and LTC$55.43 for payments, and promised DOGE was coming soon. At that time, AMC also said it would explore using shiba inu.
AMC shares were up about 4% today, but remain lower by more than 30% year to date.
The bank also holds a large put option position on Strategy, potentially capitalizing on the company trading above the value of its BTC holdings.
What to know:
Intesa Sanpaolo disclosed $96 million in bitcoin ETF holdings, including ARK 21Shares Bitcoin ETF and iShares Bitcoin Trust.
The bank also holds a large put option position on Strategy, potentially capitalizing on the company trading above the value of its BTC holdings.
The filing used the Share-Defined designation, which suggests the investment decisions were made jointly by Intesa Sanpaolo and executed by affiliates.