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Design Giant Figma Goes Public, Reveals $70M Bitcoin ETF Holdings and $30M Ready to Buy More

2025-07-02 18:56:30

Design Giant Figma Goes Public, Reveals $70M Bitcoin ETF Holdings and $30M Ready to Buy More

Main Idea

Design giant Figma has disclosed $70 million in Bitcoin ETF holdings and an additional $30 million earmarked for Bitcoin investments in its SEC filing, highlighting its significant exposure to Bitcoin and the growing corporate adoption of cryptocurrency.

Key Points

1. Figma's S-1 filing reveals $69.5 million in Bitcoin ETF holdings and an additional $30 million approved for Bitcoin investments.

2. The company initially invested $55 million in Bitwise’s Bitcoin ETF on March 3, 2024, and authorized another $30 million on May 8, 2025.

3. Figma acknowledges the volatility of Bitcoin ETFs, noting a 10% decline in Bitcoin prices would reduce the fair value of its investment by $7 million.

4. The SEC is streamlining crypto ETF regulations, enabling faster approvals and expanding investment options, including Grayscale’s multi-asset crypto ETF.

5. Bloomberg analysts predict high approval odds for Solana, Litecoin, and XRP spot ETFs in the second half of 2025, with over 70 cryptocurrency ETFs awaiting SEC review.

Description

Design software giant Figma has filed for its initial public offering with the SEC, revealing substantial Bitcoin exposure, including $69.5 million in Bitcoin ETF holdings and an additional $30 million earmarked for future cryptocurrency investments. The company’s S-1 filing mentions Bitcoin 21 times, while strongly highlighting crypto as a core component of its treasury strategy alongside traditional marketable securities. BULLISH: @figma just disclosed $69.5M in spot #Bitcoin ETFs in its SEC I...

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Bitcoin News Bitcoin ETF
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