Figma discloses $70M Bitcoin ETF holdings in IPO filing, with praise from Bitwise CEO.

From Cointelegraph

July 2, 2025 2:30 am:

Figma disclosed owning $70 million in Bitcoin ETFs and earmarking $30 million in stablecoins for BTC purchases. The company filed with the SEC to go public under the ticker “FIG,” with $55 million invested in BITB. Bitwise CEO praised Figma for holding 5% of its balance sheet in Bitcoin.

Adobe’s failed $20 billion acquisition of Figma in 2022 was rejected over monopoly concerns. The deal was called off in December 2023, with Adobe paying a $1 billion reverse termination fee to Figma. Companies are increasingly adding crypto to their treasury reserves, with Strategy buying $531 million worth of BTC and Metaplanet purchasing 1,005 BTC for $108 million. BitMine Immersion Technologies raised $250 million to fund its Ethereum treasury.

Read more at Cointelegraph.: Figma IPO Filing Reveals $70M Bitcoin ETF Holdings