Palantir Technologies Says It May Add Bitcoin to Balance Sheet

By Scott Chipolina

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.