Figma Among 54 Entities Planning $8,434 BTC Treasury Purchases
The post Figma Among 54 Entities Planning $8,434 BTC Treasury Purchases appeared on BitcoinEthereumNews.com.
Key Points: 54 entities reportedly plan significant Bitcoin purchases. Totaling 8,434 BTC across various companies. Figma’s involvement signals broader industry interest. In a noteworthy move, Figma and 53 other entities have announced plans to increase their Bitcoin holdings, collectively acquiring 8,434 BTC as of early July. Market participants view these plans as a potential shift in corporate treasury management strategies, reflecting growing interest in Bitcoin as a reserve asset. Figma’s BTC Plans Signal Corporate Sector Shift Figma and 53 other companies plan to enhance Bitcoin treasuries, acquiring a total of 8,434 BTC between June 30 and July 4. This group includes new entrants and those expanding existing holdings. The information, however, lacks direct confirmation from official company sources. The accumulation of Bitcoin by diverse industries like design software highlights Bitcoin’s role as a strategic asset. While the move could impact market demand positively, some analysts caution that sustained purchases require transparent company disclosures. Market reactions have been cautious due to the absence of official company statements. The crypto community seeks further verification, although some experts view the interest as a potential confidence boost for Bitcoin amid broader economic challenges. Bitcoin’s Market Influence and Historical Context Did you know? In 2021, when companies like Tesla acquired Bitcoin, market sentiment surged, highlighting BTC’s growing acceptance as a corporate reserve asset. CoinMarketCap data as of July 6, 2025, indicates Bitcoin is priced at $108,208.23 with a market cap of $2.15 trillion. With a 24-hour trading volume of $29.22 billion, BTC shows a 1.97% rise over 24 hours and a 42.21% increase over 90 days, reinforcing its volatility and potential for gains. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 06:20 UTC on July 6, 2025. Source: CoinMarketCap The Coincu research team suggests that assuming more companies validate their Bitcoin purchases as part of treasury…
Filed under: News - @ July 6, 2025 6:24 am