Figma’s IPO Filing Unveils $70M Bitcoin ETF Stake - Unchained

Cloud-based design platform Figma disclosed a $69.5 million exposure to bitcoin via the Bitwise Bitcoin ETF (BITB) in its initial public offering (IPO) filing on Tuesday.

The investment originated from a $55 million purchase authorized by the board on March 3, 2024, which has since appreciated by around 27%.


This story is an excerpt from the Unchained Daily newsletter.

Subscribe here to get these updates in your email for free


In May, Figma’s board also authorized the purchase of $30 million in Circle-issued stablecoin USDC. The company said it “intends to reinvest its stablecoin holdings into Bitcoin at a later date.”

The disclosure places Figma among a growing cohort of tech companies integrating bitcoin into their treasury strategies as a strategic reserve asset.

Public companies acquired 245,510 BTC in the first half of 2025, more than double the amount bought by ETFs during the same period and a 375% surge from the 51,653 BTC purchased by corporates in the first half of 2024.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)