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Design platform Figma has revealed a strong commitment to cryptocurrency in its latest SEC filing. The company holds $69.5 million in Bitcoin ETFs as of March 31, 2025, and its board recently approved an additional $30 million for future Bitcoin investments. This move shows Figma’s growing confidence in Bitcoin despite recent price swings.
Figma’s S-1 filing confirms the investment is part of its $1.54 billion in cash and marketable securities. The company first invested $55 million in a Bitcoin ETF managed by Bitwise Inc. in March 2024. In May 2025, Figma converted $30 million into USDC, with plans to buy more Bitcoin soon. The filing highlights Bitcoin’s volatility but states no credit losses have occurred.
The company also reported $23.8 million in unrealized gains from equity investments for 2024, but saw a $9.3 million unrealized loss in Q1 2025. Interest income reached $63.7 million in 2024 and $15.5 million in Q1 2025. Figma’s crypto bet reflects its belief in Bitcoin’s long-term potential.