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📅 July 3, 7:00 – July 9,
Figma Plans IPO, Discloses $70M Bitcoin ETF and $30M in USDC
In its most recent filing with the regulators, Figma revealed its exposure in the BTC spot ETF. The filing reads that the world’s popular design software company owns $70 million shares in Bitcoin exchange-traded funds.
Design app Figma just filed to go publicIts S-1 shows $70M held in Bitcoin ETFs, and board approval for another $30M BTC purchase via USDC pic.twitter.com/Bd7Pf4Nrcs
— db (@tier10k) July 1, 2025
Figma also revealed in the filing that it has $30 million in stablecoins and plans to use that money to buy more BTC in the future
On July 01, 2025, Figma filed with the Securities and Exchange Commission to go public on the New York Stock Exchange under the ticker ‘FIG’ with the paperwork detailing Figma’s current financial position.
Filing said the company has invested $55 million into Bitwise Bitcoin ETF on March 03, 2024, and its value stood at $69.5 million with an unrealized profit of 26% as of the quarter ended on March 21.
Figma filing with the SEC notes that it holds $30 million worth of USDC, which the company aims to use to purchase BTC
The filing quotes, “ On May 8, 2025, the Board of Directors approved an investment of $30.0 million in Bitcoin. Subsequently, the Company purchased 30.0 million USD Coin (USDC), a stablecoin, for $1 per USDC, totaling $30.0 million.”
Also reads, “ The Company intends to reinvest its stablecoin holdings into Bitcoin at a later date.”
Bitcoin Accumulation Becomes Market Focus
Major financial institutions, corporations, and even public companies are increasingly acquiring Bitcoin. It is said that publicly listed companies have bought 12,400 BTC in a single week in June this year.
Companies such as Strategy (earlier MicroStrategy), Metaplanet, and ProCap Financial are actively accumulating Bitcoins, with MSTR alone holding the highest number of BTCs.
Especially after the approval of the Bitcoin spot ETF in 2024, a major interest of users seeking to invest in crypto and BTC has grown to new levels.
Not only these factors, but also the changing regulatory stance globally over crypto have helped the market to reach broader masses.
Following the skyrocketing adoption of Bitcoin, it is said that its prices might touch the $120,000 mark by the end of this year.
In simple words, Bitcoin buying is a centre of attraction due to robust institutional participation, ETF growth, and favorable macro and regulatory trends, though investors should remain cautious of volatility and external risks.
A quick overview of Bitcoin prices
As of writing, Bitcoin is trading at $107,687 with a slight surge of 0.80% in the past 24 hours, and has added 2.28% to its price in the past 30 days.
The market capitalization of BTC is $2.17 trillion, with a surge of roughly 1.00% in the past 7 days, and till publishing, the trading volume is $48.11 billion with a growth of 14% intraday.
Currently, Bitcoin dominates 64.8% of the whole market, with Ethereum having control over less than 9.00% of the market.