Palantir Technologies Accepts Bitcoin Payments, Might Hold On Balance Sheet
Peter Thiel’s data analytics firm Palantir Technologies is accepting bitcoin payments and may soon hold BTC on its balance sheet.Data analytics firm Palantir Technologies announced during a recent earnings call that it accepts bitcoin as a form of payment from customers and is considering holding BTC on its balance sheet.“During the call, an investor asked ‘could you ever see Palantir having bitcoin or any other type of cryptocurrency on its balance sheet?’” according to TheStreet Crypto. “In response, Palantir’s CFO, David Glazer said, ‘The short answer is yes. We’re thinking about it and....
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Palantir Technologies, the Peter Thiel-backed, American software company specializing in big data analytics, announced Tuesday that company plans to accept bitcoin for services. Further, like a variety of corporate entities that are accepting and holding bitcoin, Palantir is considering keeping the asset on its balance sheet. Palantir Enters the Crypto Economy On Tuesday, Palantir Technologies announced the firm would accept bitcoin as payment from customers, according to a report published by Reuters. The report followed Palantir’s earnings statements from Q1, and claims Palantir....
The firm added Bitcoin was "definitely on the table" as consideration for a treasury reserve asset. The $30 billion Colorado-based data analytics company founded by billionaire Peter Thiel now accepts Bitcoin from clients as a form of payment.According to a CNBC report today, Palantir said during its earnings call for the first quarter of 2021 that it had begun accepting Bitcoin (BTC) payments. In addition, the firm is mulling following in Tesla’s and MicroStrategy’s footsteps by adding BTC to its balance sheet, saying the crypto asset was “definitely on the table.” Palantir likely has....
Earlier Tuesday, data analytics company Palantir announced that it will begin accepting Bitcoin as a form of payment. Palantir is responsible for providing software and analytics tools for governments and corporations. The company went public on the NYSE last September with a valuation of $16.5 billion — which has now nearly doubled to $30.44 billion. […]
AZ Alkmaar will receive bitcoin payments from its new sponsor, local exchange Bitcoin Meester, and hold it on its balance sheet until 2024.
Palantir Technologies, a global data analytics company co-founded by Peter Thiel, co-founder of PayPal, denies any connection to a Hong Kong bitcoin mining company that claims to be owned by Palantir Technologies, according to International Business Times. The mining company, CoinFac Ltd., promises to deliver faster bitcoin mining using quantum computing. A Palantir Technologies spokesperson said there is no connection between the companies. The spokesperson further noted that Palantir has asked CoinFac to remove references to Palantir. Palantir raised $880 million in December and works....