Figma Reveals $70M Bitcoin ETF Holdings Ahead of IPO Filing

Figma, the leading design software company, has revealed a significant exposure to Bitcoin and crypto assets as it prepares to go public. According to a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC) on Tuesday, the company holds nearly $70 million in Bitcoin exchange-traded funds (ETFs) and has earmarked $30 million in stablecoins for future Bitcoin purchases.

$55M Investment in Bitwise Bitcoin ETF Yields 26% Gain

The filing, part of Figma’s IPO paperwork to list on the New York Stock Exchange under the ticker “FIG,” disclosed that the company invested $55 million in the Bitwise Bitcoin ETF (BITB) on March 3, 2024. As of March 31, 2024, that investment had grown to $69.5 million, reflecting an unrealized profit of 26%.

This substantial crypto allocation makes Figma one of the few major tech firms to integrate Bitcoin into its balance sheet prior to going public.

Read More: Bitwise Files for Dogecoin ETF Listing on NYSE Arca

$30M in USDC Set Aside for Future Bitcoin Purchase

In addition to its ETF holdings, Figma revealed that its board approved a direct Bitcoin investment on May 8, 2025. To facilitate the move, the company acquired $30 million worth of USD Coin (USDC), a leading stablecoin.

“The Company intends to re-invest its stablecoin holdings into Bitcoin at a later date,” the filing noted, suggesting a strategic and phased approach to expanding its crypto reserves.

Bitwise CEO Praises Figma’s Treasury Strategy

Commenting on Figma’s crypto allocation, Bitwise CEO Hunter Horsley lauded the company’s decision to allocate 5% of its balance sheet to Bitcoin.

Figma’s public disclosure adds it to the growing list of tech firms integrating Bitcoin into their corporate strategy, signaling a maturing relationship between traditional business finance and digital assets.