Figma’s IPO Filing Reveals $70 Million in Bitcoin ETF Holdings, Approves Additional $30 Million BTC Purchase via USDC

HKAN | Jul 2

In a surprising move, Figma, the popular design software company, has disclosed in its IPO filing that it holds $70 million worth of Bitcoin ETFs. This revelation highlights the growing trend of corporate Bitcoin adoption ahead of public listings.

 

According to the filing, Figma’s board of directors has also approved an additional $30 million Bitcoin purchase, which will be executed via USDC (USD Coin), a leading stablecoin.

 

 

Why This Matters for Crypto and Institutional Adoption

 

Figma’s decision to allocate corporate treasury funds into Bitcoin ETFs and conduct future purchases using stablecoins like USDC shows:

 

✅ Growing confidence in Bitcoin as a corporate reserve asset

✅ Increased use of stablecoins (USDC) for large-scale crypto transactions

✅ Rising influence of crypto-friendly financial strategies among tech startups and IPO-bound companies

 

 

 

The Details from Figma’s IPO Filing

 

Current Bitcoin exposure: $70 million held via Bitcoin ETFs

 

New allocation: Board-approved $30 million BTC purchase, executed via USDC

 

Filing date: June 2025

 

IPO valuation target: Estimated at over $10 billion, per insider reports

 

 

Figma's move mirrors similar steps by public companies like MicroStrategy and Square, both known for adopting Bitcoin as part of their corporate treasuries.

 

 

Market Impact

 

This announcement could further validate Bitcoin ETF adoption and fuel more corporate interest in crypto treasury strategies, especially among tech and SaaS companies preparing for IPOs.

 

Financial analysts expect that Figma’s crypto exposure may attract attention from Web3 investors and tech-forward institutional funds.

 

 

 

Final Takeaway

 

With this strategic Bitcoin investment, Figma joins the growing list of tech companies diversifying into digital assets, reinforcing Bitcoin’s reputation as an emerging corporate treasury reserve option.

 

Stay updated on this story and more crypto adoption news at HKAN News