**Figma Discloses $70M Bitcoin ETF Holdings and Plans Additional Investment**
**Meta Description:** Figma reveals $70 million in Bitcoin ETF holdings and plans to invest an additional $30 million, highlighting its commitment to cryptocurrency.
**URL Slug:** figma-bitcoin-etf-holdings-investment
**Figma Reveals $70 Million in Bitcoin ETF Holdings and Plans for Additional Investment**
In a recent filing with the SEC, design platform Figma disclosed that it currently holds approximately $70 million in Bitcoin exchange-traded funds (ETFs) and has received approval to invest an additional $30 million. This announcement comes as part of Figma’s S-1 filing, which accompanies its efforts to go public.
As of December 31, 2024, Figma’s investment in Bitcoin ETFs was valued at $78.8 million, classified as a Level 1 asset. However, by March 31, 2025, the value had decreased to $69.5 million, contributing to the company’s total of $1.54 billion in cash, cash equivalents, and marketable securities. The filing noted, “We have an investment in a Bitcoin exchange-traded fund. The 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.”
On March 3, 2024, Figma’s Board of Directors approved a $55 million investment in a Bitcoin ETF managed by Bitwise, Inc. This investment is categorized as an equity security within marketable securities for the reporting periods. Following the recent approval on May 8, 2025, for an additional $30 million investment in Bitcoin, Figma has purchased $30 million worth of the stablecoin USDC, with plans to convert it into Bitcoin in the future.
While the filing acknowledges the volatility associated with the ETF, it also states that no credit losses have been recorded on the asset. For the year ending December 31, 2024, Figma reported $23.8 million in unrealized gains from equity investments, with an additional $0.3 million for Q1 2024. However, the company recognized $9.3 million in unrealized losses for Q1 2025. Interest income from cash, cash equivalents, and marketable securities amounted to $63.7 million in 2024 and $15.5 million in Q1 2025.
In summary, Figma’s significant investments in Bitcoin ETFs reflect its strategic approach to diversifying its asset portfolio and engaging with the cryptocurrency market. As the company prepares for its public offering, its commitment to Bitcoin and the broader digital asset landscape will be closely watched by investors and industry analysts alike.
**FAQ**
**What is Figma’s current investment in Bitcoin ETFs?**
Figma currently holds approximately $70 million in Bitcoin ETFs and has plans to invest an additional $30 million.
