Data Analytics Giant Palantir Considering Adding Bitcoin to Its Balance Sheet, Starts Accepting BTC as Form of Payment

Data mining company Palantir—which was co-founded by billionaire Peter Thiel has adopted Bitcoin as a means of payment during its earnings call, CNBC reports.   

The Denver-based data-analysis giant is also considering adding the largest cryptocurrency to its balance sheet: Adding Bitcoin to our balance sheet is on the table. On the other side of that, we do accept it as payment. Palantir had its much-anticipated initial public offering last September. The company’s stock is down over 9 percent in pre-market trading, with the Bitcoin news failing to save the day. Bitcoin is currently trading at $55,379 on the Bitstamp exchange.

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