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Palantir Technologies Accepting Payments in Bitcoin, Mulls Cryptocurrency Investments

05/11/2021 09:09

01:02 PM EDT, 05/11/2021 (MT Newswires) -- Palantir Technologies (PLTR) said Tuesday it has started receiving Bitcoin payments from customers and is considering investments in cryptocurrencies.

Chief Financial Officer David Glazer made the announcement during the software company's earnings call, according to a transcript from Capital IQ.

Palantir's move follows companies like electric car maker Tesla (TSLA), which allows customers to buy vehicles using Bitcoin.

Palantir stocks were up 6.7% in midday trading.

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