zips
2021-05-11
I love cryptocurrency!
Palantir (PLTR) Considering Adding Bitcoin to Balance Sheet, Already Accepts it as Payment
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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?</em></p><p>A: David A. Glazer, Palantir Technologies Inc. - CFO & Treasurer</p><p><em>Brian, 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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