Figma, the San Francisco-based design platform valued at $12.5 billion, has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission. In its S-1 filing, Figma disclosed holding approximately $69.5 million in spot Bitcoin exchange-traded funds (ETFs) as of March 31, 2025. The company's board has also approved an additional $30 million investment plan to purchase Bitcoin using the stablecoin USDC. This move highlights Figma's strategy to integrate Bitcoin as a store of value on its balance sheet. The initial $69.5 million investment is primarily in Bitwise Bitcoin ETFs, with prior board approval dating back to March 3, 2024, for a $55 million allocation. The planned $30 million purchase represents a further commitment to Bitcoin exposure, positioning Figma among a growing number of corporations adopting cryptocurrency assets.