AMC CEO Adam Aron – who’s already has announced a push into retail popcorn sales and accepting payment in cryptocurrencies – Monday waxed enthusiastic at a flood of new ventures suggested by the chain’s 4.1 million retail investors from an AMC credit card to a return to movie producing to its own branded cryptocurrency.AMC may have been fighting for its life last year, when it staved off bankruptcy multiple times, Aron said on a post-earnings conference call.
But it’s a new era thanks to cash the company was able to raise from a ballooning stock price early this year courtesy of fans turned investors on Reddit chat rooms and across social media.
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