Categories: Crypto

Figma IPO filing shows $70M in BTC ETFs, gets board nod for $30M more


Key Takeaways

  • Figma’s S-1 filing discloses $70 million in Bitcoin ETF holdings and board approval for an additional $30 million BTC purchase via USDC.
  • Figma has allocated a total of $100 million toward Bitcoin investments as part of its corporate treasury strategy.

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Design software company Figma filed for an initial public offering today, with a regulatory document shared by DB on X revealing the company holds $70 million in Bitcoin exchange-traded funds.

https://twitter.com/tier10k/status/1940133141546770454?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener noreferrer

The S-1 filing shows Figma’s board has approved an additional $30 million Bitcoin purchase using USDC.

Figma’s disclosure makes it among the latest technology companies to add Bitcoin to its corporate treasury strategy. The design platform, widely used by product teams and designers, joins a growing list of public companies holding digital assets on their balance sheets.

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Adam Forsyth

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Adam Forsyth

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