Oh, so that’s why they’re taking it public: they are turning the company into a crypto investment fund which just happens to provide a SaaS design tool.

It’s the other way around, they bought some bitcoin because they are going public for the meme stock value.

Thats pretty weird, you’d think they would offload things like that to not spook investors

> they would offload things like that to not spook investors

Judging by the amount of fairly traditional companies holding Bitcoins, it would seem like holding Bitcoin is no longer spooky. I guess it makes sense when the financial environment is slowly turning into one without any regulations, Bitcoin will thrive in that sort of market.

It says more about Bitcoin than it does Figma.