Palantir Buys Gold Bars as Hedge Against ‘Black Swan Event’
- Company spent $50.7 million on 100-ounce gold bars in August
- Customers can now pay for software in Bitcoin, though none has
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Palantir Technologies Inc. said it’s preparing for another “black swan event” by stockpiling gold bars.
The company spent $50.7 million this month on gold, part of an unusual investment strategy that also includes startups, blank-check companies and possibly Bitcoin.