Figma discloses Q2 revenue of nearly $250 million and holds approximately $90.8 million in Bitcoin spot ETFs
ChainCatcher news, Figma has released its first earnings report since its US IPO. The company reported Q2 revenue of $249.6 million, a year-on-year increase of 41%. Full-year revenue is expected to be between $1.021 billion and $1.025 billion, with Q3 revenue projected at $263 million to $265 million. As of June 30, it held approximately $1.6 billion in cash, cash equivalents, and marketable securities, including $90.8 million in spot bitcoin ETF. "We don't intend to be the Michael Saylor of Strategy," Field said in an interview. "This is not a vault company based on bitcoin holdings. This is a design company, but I think it has its place as part of the balance sheet and a diversified treasury strategy."
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