Palantir 'Super Excited' About New Crypto Security Software

$Palantir (PLTR.US)$ Chief Operating Officer Shyam Sankar said at the company’s third-quarter earnings call that the company was going to be a “massive accelerant” for cryptocurrency businesses.

Palantir began to accept Bitcoin as a payment option in May. Sankar at the earnings call said that cryptocurrency companies were welcome to pay Palantir in "crypto," instead of just specifically mentioning Bitcoin.“We're going to deliver compliance so they can focus on disruption. And of course, they are welcome to pay us in crypto.”

Last month, Thiel said he should have purchased more Bitcoin at a gathering hosted by policy think tank Lincoln Network.

“You’re supposed to just buy Bitcoin,” said Thiel — adding, “I feel like I’ve been underinvested in it.”

On Tuesday, Palantir released Q3 numbers and reported revenue growth of 36% year-over-year to $392 million beating a consensus of $385 million.