Spot Bitcoin ETFs: Figma Unveils Massive $91 Million Investment
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Figma Discloses $91 Million Bitcoin ETF Stake In Its $1.6 Billion Treasury — As CEO Hints At 'M&A At Scale' Amid AI-Driven Margin Pressures - Figma (NYSE:FIG)
During its first earnings report as a publicly traded company, design tools maker Figma Inc. (NYSE:FIG) revealed a surprise in its balance sheet: a sizable position in Bitcoin (CRYPTO: BTC).
Figma Stock Falls 14% As Bitcoin Treasury, Lockup Risks Weigh On Investors » News.ng
Figma shares plunged 14% in after-hours trading on Wednesday, just weeks after its July IPO, as the company reported its first earnings as a publicly listed firm. While revenue figures beat Wall Street expectations, the market’s focus quickly shifted to looming risks: a major share lockup expiry and the design platform’s newly disclosed Bitcoin exposure. According to the filing, Figma holds roughly $90.8 million in a Bitcoin ETF, representing a …
Spot Bitcoin ETFs: Figma Unveils Massive $91 Million Investment
BitcoinWorld Spot Bitcoin ETFs: Figma Unveils Massive $91 Million Investment The world of finance is buzzing with a significant development: design software giant Figma has officially revealed a substantial holding of $91 million in Spot Bitcoin ETFs. This monumental disclosure came during their first earnings report since going public, sending a clear message about the increasing mainstream acceptance of digital assets. For anyone following the…
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