Figma Allocates $100 Million to Bitcoin Investments

TLDR

• Figma holds $70 million in Bitcoin ETFs.
• Board approved an additional $30 million Bitcoin allocation.
• Total Bitcoin exposure reaches approximately $100 million.

Figma, a prominent design software company, has recently disclosed significant Bitcoin holdings. According to its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission, Figma holds $70 million in Bitcoin exchange-traded funds (ETFs) and plans to allocate an additional $30 million to Bitcoin via the stablecoin USDC.

This move will bring Figma’s total Bitcoin exposure to approximately $100 million. The decision aligns with a trend of treasury diversification among tech companies and marks a notable entrance into digital assets for Figma, which previously showed no significant crypto involvement.

Details of Figma’s Bitcoin Holdings

The $70 million currently held by Figma is in the Bitwise Bitcoin ETF (BITB). This amount represents around 4.5% of Figma’s $1.54 billion cash and securities portfolio, based on figures as of March 31, 2025. The additional $30 million Bitcoin allocation, approved by Figma’s board, will take place through a USDC-to-BTC purchase strategy, enabling the company to manage liquidity and volatility risks effectively.

Incorporating a regulated Bitcoin ETF allows Figma to mitigate custody and direct-holding risks associated with cryptocurrency investments. As of this report, there is no disclosure of any other cryptocurrency holdings such as Ethereum or altcoins, reflecting a focused approach on Bitcoin.

Corporate Strategy and Board Decisions

Figma’s board approved both the initial and additional allocations to Bitcoin, reflecting a consensus at the highest levels of the company. While Figma’s CEO or CTO have not directly commented on the move, the action underscores a significant strategic decision by the board to diversify the company’s corporate treasury.

Despite no public communications from Figma’s top executives, the company’s recent filing and the strategic decision to allocate a considerable portion of its portfolio to Bitcoin highlight a shift towards integrating digital assets into its financial strategy.

Market Reaction and Commentary

The inclusion of Bitcoin in Figma’s treasury has sparked conversation across the crypto community. Market commentator db (@tier10k on X) noted the move with the statement: “Design app Figma just filed to go public—Its S-1 shows $70M held in Bitcoin ETFs, and board approval for another $30M BTC purchase via USDC.”

While reactions from major industry figures are currently minimal, the overall sentiment indicates a recognition of Figma’s entry into digital assets as part of a broader tech-sector integration. This aligns with similar past actions by companies like MicroStrategy and Tesla, which have been seen as legitimizing moves within the industry.

Implications for Cryptocurrency Holdings

Figma’s investment does not directly impact blockchain activity, as the holdings are managed through ETFs rather than direct blockchain interactions. Therefore, there are no changes in total value locked (TVL) on-chain or effects on DeFi staking or liquidity linked to this announcement.

Moreover, the strategy seems designed to capitalize on Bitcoin’s position as a major asset while navigating regulatory and operational considerations. For more discussions on cryptocurrency trends, see here.

Comparisons with Other Tech Firms

Figma’s move is reflective of actions taken by other notable companies in the technology sector. MicroStrategy, Tesla, and Block have all undertaken substantial Bitcoin investments, contributing to a significant narrative within corporate finance regarding digital asset integration.

Historically, such moves have helped pave the way for broader institution-level acceptance of Bitcoin and digital assets. These actions often result in increased mainstream media coverage, validating the strategic role of cryptocurrencies in modern financial ecosystems.

For more cryptocurrency news and developments, refer to this update.