{"id":42281,"date":"2021-05-11T17:16:30","date_gmt":"2021-05-11T14:16:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42281"},"modified":"2025-08-30T22:31:30","modified_gmt":"2025-08-30T19:31:30","slug":"palantir-technologies-weighs-potential-investment-in-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/palantir-technologies-weighs-potential-investment-in-bitcoin\/","title":{"rendered":"Palantir Technologies weighs potential investment in Bitcoin"},"content":{"rendered":"<p>Palantir Technologies, a data-analytics software developer, is weighing possible investments in Bitcoin and other cryptocurrencies. <a href=\"https:\/\/www.cnbc.com\/2021\/05\/11\/palantir-pltr-q1-2021-earnings.html\" target=\"_blank\" rel=\"noreferrer noopener\">CNBC<\/a> reports, citing a statement to investors.<\/p>\n<p><!--more--><\/p>\n<p>The company announced its financial results for the first quarter of 2021 and noted that digital assets &#8220;clearly deserve consideration&#8221;. The firm already accepts Bitcoin.<\/p>\n<p>Palantir Technologies is a public company founded by PayPal alumni led by Peter Thiel. Its services are used by 149 clients, including the US Army, police, intelligence agencies and banks.<\/p>\n<p>In the first quarter, the company&#8217;s revenue was $341 million, up 49% from the same period in 2020. For the second quarter, Palantir expects revenue of $360 million.<\/p>\n<p>Earlier, on April 29, the Nasdaq-listed analytics software provider <a href=\"https:\/\/forklog.com\/en\/news\/microstrategy-announces-new-bitcoin-purchases\">MicroStrategy<\/a> announced new Bitcoin purchases. The company noted that it could both increase and decrease its position in digital gold.<\/p>\n<p>Earlier, the game publisher <a href=\"https:\/\/forklog.com\/en\/news\/nexon-invests-100-million-in-bitcoin\">Nexon<\/a> invested $100 million \u2014 less than 2% of its balance.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palantir Technologies is considering investing in Bitcoin and other cryptocurrencies.<\/p>\n","protected":false},"author":1,"featured_media":42282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1999],"class_list":["post-42281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-palantir"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=42281"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42281\/revisions"}],"predecessor-version":[{"id":42283,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42281\/revisions\/42283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/42282"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=42281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=42281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=42281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}