Peter Thiel’s Palantir Is Accepting Bitcoin Payments, Supporting Mass Adoption

The mass adoption of Bitcoin and digital assets continues. This has been one of the main goals that the crypto space set and there have been a lot of moves that support this.

Palantir accepts Bitcoin payments

It’s been just revealed that Palantir Technologies is “open for business” regarding BTC – CFO Dave Glazer said on the company’s Tuesday earnings call.

CoinDesk notes that the publicly-traded software company has begun accepting the crypto as a form of payment.

More than that, it’s been revealed he said that BTC investment as a treasury reserve asset is “definitely on the table.”

Palantir is definitely not the first big data company with BTC on the balance sheet. Analytics competitor MicroStrategy, also publicly traded, is over $2 billion deep in digital gold. Tesla accepts BTC and has invested $1.5 billion in it.

PayPal and Revolut are also supporting the mass adoption of Bitcoin. Check out Coindesk’s original article in order to learn more details.

Bitcoin adoption explodes this year

CNBC learned that Bitcoin could be taking another massive step towards the mainstream adoption in 2021.

It’s been revealed that the customers of some US banks will be able to buy, hold and sell BTC via their already existing accounts, says crypto custody firm NYDIG.

US banks to offer BTC services to clients in 2021

The company is a subsidiary of $10 billion New York-based asset manager Stone Ridge, and it has partnered with fintech giant Fidelity National Information Services (FIS) to enable U.S. banks to offer BTC in the coming months, according to the two firms.

CNBC says that “Hundreds of banks are already enrolled in the program, according to Patrick Sells, head of bank solutions at NYDIG.”

“What we’re doing is making it simple for everyday Americans and corporations to be able to buy bitcoin through their existing bank relationships,” Sells said.

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