Bitcoin (BTC) Holdings Part of Broader Treasury Stategy: Figma

MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailFigmas 91M Bitcoin Bet Isnt a Michael Saylor Move, CEO SaysCEO Dylan Field distanced the companys crypto position from evangelist extremes, saying bitcoin is part of a diversified cash approach.By Helene Braun, AI BoostEdited by Stephen Alpher Sep 4, 2025, 4:58 p.m. Co-founder CEO of Figma Dylan Field speaks onstage during TechCrunch Disrupt 2022 on October 20, 2022 in San Francisco, California. (Kimberly White for TechCrunch) What to know: In its first earnings report since going public in July, Figma revealed it now holds 91 million in bitcoin, part of its 1.6 billion cash reserves.The company CEO framed the move as a modest part of a broader treasury strategy, not a pivot to crypto speculation.Despite beating earnings expectations, Figmas stock fell 18 Thursday, continuing a post-IPO slide.In this articleBTCBTC110,036.271.97Collaborative design software company Figma (FIG) expanded its bitcoin BTC110,036.27 holdings to 91 million in the second quarter of this year, the company disclosed Wednesday during its earnings call.STORY CONTINUES BELOWDon't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newslettersSign me upBy signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.The move, revealed by Chief Financial Officer Praveer Melwani, comes as part of a larger 1.6 billion cash position. Within the 1.6 billion, we also held approximately 91 million in our bitcoin exchange-traded fund, Melwani said.Figma, which went public on the New York Stock Exchange in July, has had an eventful few years. A planned 20 billion acquisition by Adobe collapsed in 2023 after regulators raised antitrust concerns. Since then, the company continued to grow its customer base, which includes 95 of the Fortune 500.Unlike some firms that have turned to bitcoin holdings as a last-ditch effort to excite investors or pivot away from declining core businesses, Figmas approach appears more conservative.Were not trying to be Michael Saylor here, CEO Dylan Field told CNBC, referring to the co-founder of MicroStrategy, known for turning his previously sleepy software company into a major bitcoin holder. This is not, like, a Bitcoin holding company. *Reporting by Coindesk.*