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Palantir Technologies Says It May Add Bitcoin to Balance Sheet

source-logo  decrypt.co 11 May 2021 10:01, UTC

Palantir Technologies, an American software company, is considering adding Bitcoin to its balance sheet, according to CNBC.

Palantir says it may add bitcoin to its balance sheethttps://t.co/Rh8HLtkt0t

— Steve Kovach (@stevekovach) May 11, 2021

The software company, founded by PayPal co-founder Peter Thiel, has reportedly relied heavily on government contracts for revenue. In February of last year, the company scored an $800 million contract with the Department of Defense.

This is a developing story, check back for updates.

decrypt.co