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Figma disclosed a $70M Bitcoin ETF position and blockchain stock plans in its IPO filing, signaling crypto adoption.
According to @FarsideUK, collaborative design tool Figma has signaled a new trend in corporate treasury management by revealing significant Bitcoin holdings ahead of its IPO. The company disclosed $70 ...
Figma's $100M Bitcoin Bet Signals New Corporate Trend as BTC Price Stalls Amid Whale Distribution According to @FarsideUK, a significant bullish signal for Bitcoin (BTC) has emerged from design ...
Set for an IPO and with a real business, Silicon Valley darling Figma last week disclosed $70 million exposure to bitcoin, with plans to bring that to $100 million.
In the filing, Figma revealed that its Board of Directors approved an investment in Bitcoin ETFs in 2024, and the company currently owns approximately $69.5 million, held in the Bitwise Bitcoin ETF ...
Moreover, Figma's IPO filing, inclusive of its Bitcoin ETF investment, highlights the strengthening relationship between the tech and financial sectors.
Figma has filed its S‐1 registration to go public on the New York Stock Exchange under the ticker“FIG”, and disclosed holdings of approximately $69.5 million in a spot Bitcoin ETF as of 31 ...
Highlights: Figma holds $69.5M in Bitcoin ETF, with plans to invest $30M more via USDC. Bitwise CEO says Figma’s 5% Bitcoin move could inspire other companies to follow. Firms like Strategy, ...
Design software company Figma filed to go public in the US, revealing it holds $70 million in Bitcoin ETFs and has $30 million in stablecoins ready for Bitcoin buys.
This post Figma Reveals $70M Bitcoin ETF Holdings, Plans to Buy $30M More first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.