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Figma’s IPO prospectus discloses a $69.5 million investment in the Bitwise Bitcoin ETF (BITB), alongside plans for an additional $30 million Bitcoin allocation. The design software company’s treasury strategy now includes crypto alongside traditional assets like Treasuries and bonds. This move highlights growing corporate adoption of Bitcoin as a reserve asset.
- Figma's $69.5M BITB stake gained 27% since March 2024 purchase
- $30M USDC reserve set aside for future Bitcoin conversions
- Bitcoin exposure equals 4% of Figma's $1.07B cash reserves
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