{"id":4036,"date":"2025-07-01T23:17:09","date_gmt":"2025-07-01T23:17:09","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/07\/01\/figma-reveals-70m-bitcoin-etf-holdings-plans-to-buy-30m-more\/"},"modified":"2025-07-01T23:17:09","modified_gmt":"2025-07-01T23:17:09","slug":"figma-reveals-70m-bitcoin-etf-holdings-plans-to-buy-30m-more","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/07\/01\/figma-reveals-70m-bitcoin-etf-holdings-plans-to-buy-30m-more\/","title":{"rendered":"Figma Reveals $70M Bitcoin ETF Holdings, Plans to Buy $30M More"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/figma-reveals-70m-bitcoin-etf-holdings-plans-to-buy-30m-more\">Figma Reveals $70M Bitcoin ETF Holdings, Plans to Buy $30M More<\/a><\/p>\n<div><\/div>\n<p>Design platform Figma revealed in a new SEC filing that it owns $70 million in Bitcoin ETFs and was approved to buy $30 million more.<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p>JUST IN: Design app giant Figma revealed it owns almost $70 million in Bitcoin ETFs and was approved to buy $30 million more in BTC  <a href=\"https:\/\/t.co\/Us5F0HMw82\" target=\"_blank\">pic.twitter.com\/Us5F0HMw82<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1940137045516595364?ref_src=twsrc%5Etfw\" target=\"_blank\">July 1, 2025<\/a>\n<\/p><\/div>\n<p>The disclosure came as part of Figma\u2019s S-1 filing, <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1579878\/000162828025033742\/figma-sx1.htm\" target=\"_blank\">released<\/a> alongside its bid to go public. Figma held $78.8 million in a Bitcoin exchange-traded fund (<a href=\"https:\/\/bitcoinmagazine.com\/tags\/bitcoin-etf\">ETF<\/a>) as of December 31, 2024, categorized as a Level 1 asset. As of March 31, 2025, the value declined to $69.5 million, which included in its $1.54 billion total of cash, cash equivalents, and marketable securities.\u00a0<\/p>\n<p>\u201cWe have an investment in a Bitcoin exchange-traded fund,\u201d said the filing document. \u201cThe fair value of this investment was $69.5 million as of March 31, 2025. Changes in the fair value of this exchange-traded fund are impacted by the volatility of Bitcoin and changes in general economic conditions, among other factors.\u201d<\/p>\n<p>\u201cOn March 3, 2024, the Board of Directors approved an investment of $55.0 million into a Bitcoin exchange-traded fund (\u201cETF\u201d) investment fund operated by Bitwise, Inc,\u201d stated the file. \u201cThe investment is classified as an equity security within marketable securities for the periods presented.\u201d<\/p>\n<p>On May 8, 2025, the company\u2019s board approved an additional $30 million investment in Bitcoin. Following the approval, Figma purchased $30 million worth of the stablecoin USDC with plans to convert it into <a href=\"https:\/\/bitcoinmagazine.com\/guides\/what-is-bitcoin\">Bitcoin<\/a> at a later date.<\/p>\n<p>The filing notes the ETF\u2019s volatility, but also states no credit losses have been recorded on the asset. Figma reported $23.8 million in unrealized gains from equity investments for the year ending December 31, 2024, and $0.3 million for Q1 2024. However, it recognized $9.3 million in unrealized losses for Q1 2025. Interest income from cash, cash equivalents, and marketable securities totaled $63.7 million in 2024 and $15.5 million in Q1 2025.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/figma-reveals-70m-bitcoin-etf-holdings-plans-to-buy-30m-more\">Figma Reveals $70M Bitcoin ETF Holdings, Plans to Buy $30M More<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/oscarperez\">Oscar Zarraga Perez<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Figma Reveals $70M Bitcoin ETF Holdings, Plans to Buy $30M More Design platform Figma revealed in a new SEC filing that it owns $70 million in Bitcoin ETFs and was approved to buy $30 million more. JUST IN: Design app giant Figma revealed it owns almost $70 million in Bitcoin ETFs and was [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":4037,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-4036","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4036"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4037"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}