Figma Q2 Revenue Rises 41% to $2.496B, Allocates $90.8M to Bitcoin Spot ETF
Figma Q2 revenue jumped 41% year-over-year to $2.496 billion, demonstrating robust revenue growth and a solid liquidity position. Figma Q2 revenue also reflects improved top-line performance. As of June 30, the company held $1.6 billion in cash, cash equivalents and marketable securities, including a $90.8 million allocation to a Bitcoin spot ETF. This allocation marks a modest treasury diversification into crypto. Investors will watch operating margins and free cash flow in upcoming reports to assess whether strong revenue growth translates into sustainable profitability.
Neutral
Figma’s $90.8 million allocation to a Bitcoin spot ETF represents only about 3.6% of its $2.496 billion quarterly revenue, a modest treasury diversification unlikely to sway crypto markets. Unlike Tesla’s significant $1.5 billion Bitcoin investment in 2021 that sparked bullish sentiment and volatility, Figma’s minor stake should not trigger major price movements. Traders are likely to view this as neutral news: it indicates cautious corporate interest in Bitcoin without materially affecting supply-demand dynamics. In the short term, the announcement may draw attention to corporate crypto allocations, but it should have minimal impact on BTC prices. Over the long term, continued small-scale corporate investments could gradually normalize Bitcoin as a treasury asset, though meaningful market shifts will require larger institutional commitments.