AMC Entertainment will have technology to receive bitcoin as payment by year-end – CEO

FILE PHOTO: An AMC movie theater is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan neighborhood of New York City, New York, the United States, Jan. 27, 2021. REUTERS / Carlo Allegri

(Reuters) – Cinema operator AMC Entertainment will have the technology by the end of the year to receive payments in Bitcoin as payment for movie tickets and concessions, the company’s CEO said in a call discussing its findings.

Reporting by Tiyashi Datta in Bengaluru; Adaptation by Maju Samuel