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The Figma IPO file reveals Bitcoin ETF holdings of $ 70 million star-news.press/wp

Figma design software has revealed in an organizational file that it has approximately $ 70 million of shares in Bitcoin boxes in which the Bitcoin Stock Exchange is allocated, and has allocated $ 30 million in Stablecoins to buy Bitcoin.

Figma foot With the Securities and Stock Exchange Committee on Tuesday to the public in the Stock Exchange in New York under the symbol of Ticker “Fig”, with the papers the current financial situation of the company.

The deposit said that Figma invested $ 55 million in Bitcoin ETF (BitB) on March 3, 2024, and reached $ 69.5 million with an unrealized profit of 26 % in the quarter ended on March 31.

The Figma file to SEC reveals that the company has obtained a $ 70 million investment funds in Bitcoin. source: second

Figma contains $ 30 million in Stablecoins to buy Bitcoin

Figma said it also has a value of $ 30 million from Stablecoin USDC (USDC), which she intends to use to buy bitcoin.

“On May 8, 2025, the Board of Directors approved an investment of $ 30.0 million in Bitcoin. After that, the company bought $ 30.0 million in the United States (USDC), which is Stablecoin, for one dollar per US dollar with a total of $ 30.0 million,” reads the deposit. “The company intends to re -invest its property in Bitcoin at a later time.”

Related to: Intel companies say that FATF warning on Stablecoin’s crimes is not Cryrypto’s control

CEO of Bitidence Hunter Horsley Applaud Figma to hold 5 % of its public budget in Bitcoin.

“More and more companies will have Bitcoin as part of its treasury,” he added.

Figma’s acquisition by Adobe failed

In 2022, the giant design program listed on the Nasdaq Stock Exchange looked at Figma for $ 20 billion; However, the UK Competition and Markets and Markets Authority have been subjected to the deal due to concerns that Adobe would be a monopoly and that the deal was indifferent.

The deal was canceled in December 2023, with Adobe having to do so Pushing One billion dollars in cash to Figma as a reverse termination.

Companies continue to increase their encryption reserves

The request from companies to contract encryption in their treasury reserves has been in a rise in recent months.

On Monday, the strategy, which was previously working in Microstrategy, revealed that it had bought BTC for $ 531 million, which enhances its shares to 597,000 BTC.

Meanwhile, Metaplanet bought the Japanese Treasury Department 1,005 BTC for $ 108 million, and thus exceeded Cleanspark to become the fifth largest company holder in Bitcoin.

Bitcoin is not the only assets that flow on them, as companies have started to accumulate ETH for their treasury reserves.

Mining BitMine Mysersion Technologies has announced that it had raised $ 250 million through a special position to start the ether locker.

magazine: Bitcoin ‘Bull Pennant’ $ 165K $, POMPS Scoops is $ 386 million BTC

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2025-07-02 06:30:00

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