Palantir (PLTR) Considering Adding Bitcoin to Balance Sheet, Already Accepts it as Payment

StreetInsider2021-05-11

On Today's earnings call, Palantir (NYSE: PLTR) CFO, David Glazer, said the company does accept Bitcoin as payment from customers and said it is thinking of adding it to their balance sheet.From the ...

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zips
2021-05-11
zips
I love cryptocurrency!
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2021-05-11
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Dave, I'll come to you on the next question. We've gotten a feel on these lines. Brian L asks, could you ever see Palantir having Bitcoin or any other type of cryptocurrency on its balance sheet?A: David A. Glazer, Palantir Technologies Inc. - CFO & TreasurerBrian, thanks for the question. The short answer is, yes, we're thinking about it, and we've even discussed it internally. Take a look at our balance sheet, $2.3 billion in cash at quarter end, including $151 million in adjusted free cash flow in Q1. So it's definitely on the table from a treasury perspective as well as other investments as we look across our business and beyond. 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