The AMC chief executive caught the attention of Tesla's Elon Musk and billionaire investor Mark Cuban with his dogecoin poll.
The movie theater chain paid off $41.3 million of debt in an effort to lower its annual interest expense.
More than two-thirds voted for the cinema chain to accept dogecoin at all locations, while 23% said AMC shouldn't bother.
CEO Adam Aron said in August the movie theater chain will have the tech in place to accept bitcoin later this year.
The campaign comes amid an ongoing competition between large theater chains, movie studios, and streaming platforms.
"The second quarter of 2021 was transformational for AMC," said CEO Adam Aron.
AMC has been nearly as popular as GameStop during this year's meme-stock madness, with CEO Adam Aron becoming a hero on Wall Street Bets.
"It's not like any of them are going to really have leverage over him as the CEO," said investing and market cycles expert Richard Smith.
Through Twitter, YouTube, press releases, and even investor calls, Aron has reached out to the army of retail traders driving up prices of AMC stock.
AMC has raised around $800 million through share sales in recent days, but it now wants to further bolster its finances.
CEO Adam Aron holds roughly 4.2 million shares of AMC. They've helped him add more than $120 million to his fortune since the start of 2021.
AMC shares climbed after its CEO said the company in 2021 won't use 500 million new shares even if shareholders authorize their issuance.
AMC shares drop on dilution concerns as the company works to issue 500 million shares. The CEO says the move is aimed at strengthening its operations.
AMC fell as much as 25% Wednesday, extending its selloff for the second day after reporting that it may run out of cash before the end of the year. On Tuesday evening AMC CEO Adam Aron told Bloomberg that the theatre chain is not considering bankruptcy at the moment and […]