Figma announced its first financial report, with Bitcoin holding value reaching US$91 million but its share price falling "
According to online reports, design collaboration software company Figma disclosed in its first financial report after listing that its $1.6 billion cash reserves included approximately $91 million worth of Bitcoin positions. CEO Dylan Field emphasized that the move is not a model for MicroStrategy's Michael Saylor, but is part of decentralizing cash management and will not turn the company into crypto speculation. Despite the results exceeding expectations, Figma shares fell 18% on Thursday, continuing their post-IPO decline.
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