Figma Goes Public with Bold $100M Bitcoin Bet in IPO Filing
Design giant Figma just dropped an S-1 bombshell—turns out they've been hodling like a crypto whale.
The Bitcoin play nobody saw coming
Buried in the IPO paperwork? A cool nine-figure BTC position that'd make Michael Saylor nod approvingly. The $100M exposure reveals Web3 ambitions beyond vector graphics—or maybe just a treasury strategy wilder than most startup liquidity events.
When your design software has diamond hands
While competitors play it safe with cash equivalents, Figma's balance sheet now moonlights as a crypto bull case study. The move comes as institutional adoption hits fever pitch—though skeptics whisper about 'diversification' meaning 'YOLO-ing into volatile assets' these days.
One thing's clear: in the race to go public, Figma just designed the most interesting risk disclosure section in recent memory. Whether this moonshot pays off or crashes harder than a rookie trader's leverage position, it's proof that corporate treasuries have officially caught crypto fever—symptoms include irrational exuberance and sudden cravings for laser eyes.
