#Figma Reveals $70M
$BTC #ETF Holdings in Public Filing
Design software company Figma has disclosed nearly $70 million in
$BTC #ETF investments in its IPO registration.
The company invested $55 million in the #Bitwise
$BTC ETF in March 2024, now worth $69.5 million.
Figma holds an additional $30 million in
$USDC specifically designated for future Bitcoin purchases.
The #IPO filing shows the company allocated 5% of its balance sheet to
$BTC, according to the Bitwise CEO.
The firm will trade on the NYSE under ticker "FIG" following the failed $20 billion Adobe acquisition in 2023.
Corporate Bitcoin adoption is accelerating as companies increasingly view digital assets as treasury reserves.
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