Peter Thiel's Palantir Technologies now accepts bitcoin for payments

Ecosystems•May 11, 2021, 9:55AM EDT
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NEW YORK, NY - NOVEMBER 03: Partner at Founders Fund Peter Thiel participates in a panel discussion at the New York Times 2015 DealBook Conference at the Whitney Museum of American Art on November 3, 2015 in New York City. (Photo by Neilson Barnard/Getty Images for New York Times)
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Peter Thiel's data analytics company Palantir Technologies now accepts bitcoin as a form of payment from clients.

Palantir revealed the news in a Q1 earnings call on Tuesday, according to a CNBC report. The presentation from the call is not publicly available on Palantir's website. 

Palantir, which has a market capitalization of nearly $34 billion, is also considering adding bitcoin to its balance sheet, according to CNBC. During the earnings call, the New York Stock Exchange-listed company said the option is "definitely on the table."

Peter Thiel's other companies, PayPal and Venmo, have also embraced crypto. Both companies allow users to buy and sell cryptocurrencies through their apps, and PayPal is exploring the launch of a stablecoin, as The Block reported earlier this month.