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 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 \ud83d\udc40 pic.twitter.com\/Us5F0HMw82<\/a><\/p>\n \u2014 Bitcoin Magazine (@BitcoinMagazine) July 1, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n The disclosure came as part of Figma\u2019s S-1 filing, released<\/a> alongside its bid to go public. Figma held $78.8 million in a Bitcoin exchange-traded fund (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 \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 \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 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 Bitcoin<\/a> at a later date.<\/p>\n 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<\/div>\n\n
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