Palantir Technologies will consider investing in Bitcoin

by in Cryptocurrency News

Palantir Technologies

Data analysis software developer Palantir Technologies is considering investing in bitcoin and other cryptocurrencies. Writes about this CNBC concerning a statement for investors.

The company announced financial results for the first quarter of 2021 and noted that digital assets are "clearly worth discussing." The firm already accepts bitcoin for payment.

Palantir Technologies is a publicly-traded company founded by natives of PayPal led by Peter Thiel. Its services are used by 149 clients, including the US Army, police, intelligence agencies, and banks.

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In the first quarter, the company's revenue was $341 million - compared to the same period in 2020, the figure increased by 49%. Palantir expects $360M in revenue in the second quarter.