Figma Rockets 198% Post-IPO—And It’s Betting Big on Bitcoin with $70M ETF Stake

Wall Street’s latest tech darling just pulled off a gravity-defying act. Figma’s stock skyrocketed 198% after its IPO—while quietly sitting on a $70 million Bitcoin ETF position. Who needs boring old treasury bonds?

Design meets digital gold rush

The collaboration software firm’s explosive debut makes it 2025’s hottest tech listing so far. But the real plot twist? That chunky Bitcoin ETF allocation—enough to make even MicroStrategy raise an eyebrow.

Silicon Valley’s new playbook: IPO first, HODL later

Figma’s crypto move signals a growing trend of tech firms using corporate treasuries as crypto hedge funds. Because when your valuation’s this frothy, why not double down on volatility? Just don’t tell the CFO.

One hedge fund manager quipped: 'At this rate, their next feature update might include a 'Buy Bitcoin' button next to the eyedropper tool.' The suits in accounting will love that.