Design software company Figma revealed in a regulatory filing that it owns nearly $70 million in shares in funds traded on Bitcoin exchanges and has set aside $30 million in Stablecoins to buy Bitcoin.
Fig Filed As the SEC listed on the New York Stock Exchange at the price of “figs” on Tuesday, paperwork details the company’s current financial situation.
The document said that Figama invested $55 million in the Bitcoin ETF (BITB) on March 3, 2024, with a value of $69.5 million, with unrealized profits of 26% as of the quarter ended March 31.
Figs have $30 million for Bitcoin purchases
Figma said it also holds $30 million worth of Stablecoin USDC (USDC), which it intends to buy bitcoin.
“On May 8, 2025, the board approved a $30 million investment in Bitcoin. The company then purchased $30 million in coins (USDC) (USDC) for every $30 million, totaling $10 million,” said the company. “The company intends to reinvest its stable holdings into Bitcoin later on.”
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Hunter Horsley, CEO of Bitwise applaud Figs are used to hold 5% of its balance sheet in Bitcoin.
“As part of the Treasury, more and more companies will own Bitcoin,” he added.
Figma failed due to Adobe acquisition
In 2022, Nasdaq-listed design software giant Adobe hopes to acquire Figma for $20 billion; however, the European Commission and the UK Competition and Markets Authority canceled the deal over fears that Adobe would constitute a monopoly and that the deal would be overvalued.
The deal was canceled in December 2023 and Adobe must Pay $1 billion in cash to figs as reverse termination fees.
The company continues to increase its crypto reserves
In recent months, companies’ demand has held crypto reserves in their respective Treasury reserves.
On Monday, Strategy (formerly MicroStrategy) revealed that it had purchased BTC is worth $531 millionincreasing its holdings to 597,000 BTC.
Meanwhile, the Japanese Bitcoin Treasury company Metaplanet purchased 1,005 BTC, $108 millionthus surpassing CleanSpark to become the fifth largest company holder of Bitcoin.
Bitcoin is not the only asset company flocking to it, as companies have begun to accumulate fiscal reserves for ETH.
Mining company Bitmine Immersion Technologies announced it has raised $250 million through private placement Start its Ether Treasury.
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