Figma Allocates $100 Million to Bitcoin in IPO Filing

Figma, a leading design software company, has disclosed a substantial investment in Bitcoin as part of its initial public offering (IPO) filing. The company revealed that it holds approximately $70 million in Bitcoin exchange-traded funds (ETFs), specifically in the Bitwise Bitcoin ETF (BITB). This disclosure was made in its S-1 filing with the U.S. Securities and Exchange Commission on July 1, 2025. The filing also indicated that the company's board has approved an additional $30 million allocation toward Bitcoin, to be executed via USDC, a stablecoin. This brings Figma’s total allocated funds for Bitcoin investments to $100 million, underscoring a strategic move to incorporate Bitcoin into its corporate treasury strategy.

The disclosure of Figma's Bitcoin holdings is part of a broader trend among technology companies that are increasingly adding Bitcoin to their balance sheets. This move signals a growing acceptance of Bitcoin as a viable treasury asset among major tech firms. Figma's decision to invest in Bitcoin ETFs reflects a proactive approach to diversifying its financial holdings and leveraging the potential growth of digital assets.

The company's investment in the Bitwise Bitcoin ETF (BITB) is notable, as it currently holds roughly $69.5 million worth of BITB units as of March 31, 2025. This investment was made in March 2025, when Figma allocated $55 million to the Bitwise Bitcoin ETF. The subsequent approval for an additional $30 million in Bitcoin via USDC further solidifies Figma's commitment to integrating Bitcoin into its financial strategy.

Figma's IPO filing also highlights the company's financial performance and growth prospects. In addition to its Bitcoin holdings, the filing reveals that Figma generated $228 million in revenue, demonstrating strong financial health and market position. The company's global client growth, particularly post its deal with Adobe, further underscores its strategic importance in the design software industry.

The disclosure of Figma's Bitcoin holdings in its IPO filing is a significant development in the corporate adoption of digital assets. It reflects a growing trend among technology companies to explore alternative investment strategies and diversify their financial portfolios. As more companies follow suit, the mainstream acceptance of Bitcoin as a treasury asset is likely to continue, further integrating digital currencies into the broader financial landscape.