Palantir to Accept Bitcoin Payments, Considers Adding Crypto to Balance Sheet
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. […]
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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....
Peter Thiel’s data analytics firm Palantir Technologies is accepting bitcoin payments and may soon hold BTC on its balance sheet.
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....
Twitter may be pursuing adding Bitcoin to its balance sheet, to follow Square, which is also run by Jack Dorsey. The firm’s chief financial officer Ned Segal indicated in an interview with CNBC that the firm is considering BTC as an asset that it can add to its balance sheet. This discussion comes after Tesla […]
The coworking firm is the latest to see crypto as a suitable asset for its corporate treasury. Coworking space giant WeWork is the latest company to announce plans to hold cryptocurrencies on its balance sheet.The SoftBank-owned commercial real estate firm announced its plans via a statement on Tuesday. WeWork’s crypto balance sheet will come from the company adopting cryptocurrencies as a payment method.According to the announcement, WeWork has partnered with crypto payment service platform BitPay to accept digital currency payments for its workspaces.WeWork will reportedly accept Bitcoin....