On May 28, Palantir said it was awarded a contract from the United States Special Operations Command (USSOCOM) valued at $111 million. Palantir is expected to turn its first annual profit this year. On May 11, the company notched its first quarterly profit of 4 cents per adjusted share on revenue of $341.2 million. Earnings met, while sales rose 49% year over year and topped views for $332.2 million. It recently began accepting Bitcoin as payment and may invest in the cryptocurrency.