Figma reveals $69.5M Bitcoin stash ahead of IPO, plans to buy more

In Brief:

Figma invested $55M in a Bitcoin ETF, now worth $69.5M.

Company plans to reinvest $30M in USDC into BTC soon.

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Figma’s Bitcoin bet is no longer a secret.

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In its NYSE IPO filing, the design software firm disclosed a $55 million investment in the Bitwise Bitcoin ETF made in March 2024. That position grew to $78.8 million by December, before dipping to $69.5 million by March 2025 due to market volatility.

What’s more surprising—Figma isn’t done. The board has pre-approved another $30 million BTC investment using the company’s USDC stablecoin reserves.

Bitcoin now makes up roughly 4.5% of Figma’s $1.54 billion in cash and securities. With the next round of crypto purchases, that exposure could increase by another 2%.

The company’s crypto holdings emerged just as it prepares for a public listing on the NYSE, backed by banks like Morgan Stanley and J.P. Morgan. Figma earned $749 million in 2024 revenue, and Q1 2025 numbers show a 46% YoY growth at $228.2 million.

This Bitcoin disclosure marks a shift for the company, which has never been publicly known for participating in digital assets. Its move now aligns it with a growing list of tech firms adding crypto to their balance sheets.

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