Author: Catie Keck
Image: The Verge
AMC boss Adam Aron said today that the theater chain is exploring how it can accept Shiba Inu in addition to other cryptocurrencies like Bitcoin and Dogecoin. In addition, AMC is evidently exploring its own cryptocurrency, which would truly cement the company as king of the memestocks.
That AMC appears to be flirting with the idea of accepting (another) meme currency in exchange for actual goods and services isn’t entirely surprising. AMC was effectively rescued midway through the pandemic by meme stock Reddit traders, and Aron has been leaning heavily into the company’s relationship with these shareholders ever since. Hearing about AMC’s crypto ambitions has not only come to be expected during the company’s meetings with shareholders,...
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Image: The Verge
AMC boss Adam Aron said today that the theater chain is exploring how it can accept Shiba Inu in addition to other cryptocurrencies like Bitcoin and Dogecoin. In addition, AMC is evidently exploring its own cryptocurrency, which would truly cement the company as king of the memestocks.
That AMC appears to be flirting with the idea of accepting (another) meme currency in exchange for actual goods and services isn’t entirely surprising. AMC was effectively rescued midway through the pandemic by meme stock Reddit traders, and Aron has been leaning heavily into the company’s relationship with these shareholders ever since. Hearing about AMC’s crypto ambitions has not only come to be expected during the company’s meetings with shareholders,...
Continue reading…
Continue reading...