#Figma Invest $70 Million in Bitcoin Spot ETF, Approve Additional BTC Purchase Worth $30 Million

Figma, a leading software design company, has revealed an investment of $70 million in spot Bitcoin Exchange-Traded Funds (ETFs). This move marks one of the largest commitments among technology companies towards digital assets, amid increasing institutional adoption of Bitcoin as a hedge and portfolio diversification instrument.

Additionally, Figma's board of directors approved the purchase of an additional $30 million in Bitcoin. This decision reflects management's confidence in the long-term prospects of this major cryptocurrency and its potential for significant value growth. This strategic move is expected to influence market sentiment and encourage other technology companies to consider greater exposure to Bitcoin.