The giant #data #analytics company #Palantir will accept #Bitcoin as a #payment method.
Palantir, a giant data analytics company founded by billionaire name Peter Thiel, announced that it will accept the leading crypto currency Bitcoin as a payment method. However, it was reported that negotiations to add Bitcoin to the company's balance sheet are ongoing.
Palantir Is Included In The Crypto Money Industry
According to the #CNBC report, Palantir announced that it will accept Bitcoin as a method of payment at the time of the announcement of the first quarter balance sheet of 2021. In addition, the company; Following the footsteps of Tesla and Microstrategy, Palantir officials said that adding Bitcoin to the company's reserves is "definitely on the table." It was reported that Palantir has more than $ 2 billion in cash for investments.
#Microstrategy is listed as one of the first large firms to adopt Bitcoin as a reserve asset. The company, which has purchased BTC since 2020, continues this strategy in 2021. Tesla became one of the companies that quickly entered the cryptocurrency industry in February 2021. The company announced that it had purchased $ 1.5 billion of Bitcoin.
Peter Thiel is also one of the co-founders of payments giant #PayPal. On the other hand, PayPal's payment platform #Venmo, which has 70 million users, announced that it started trading Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) as of April 20.
🔥Bitcoin Price
The leading crypto currency Bitcoin saw a 10% drop last day and fell into the critical support zone. After retreating to the $ 53,500 support, BTC was able to bounce up and hold above the $ 55,000 band. For the last 48 hours, the crypto money market has been following a very volatile course. The second most popular cryptocurrency Ethereum (ETH) fell to $ 3,800, Dogecoin (DOGE) to $ 0.41, and Binance Coin (BNB) to $ 590. On the other hand, many altcoins fell into the support zone. However, there are signs of recovery in the current market. The leading crypto currency Bitcoin is trading at $ 56,100 as of the time of this writing.