Figma, the collaborative design software company, has increased its bitcoin holdings to $91 million as part of its treasury strategy, according to CFO Praveer Melwani. This expansion is part of a broader $1.6 billion cash position. Despite a failed $20 billion acquisition by Adobe in 2023, Figma has continued to grow, going public on the New York Stock Exchange in July. CEO Dylan Field stated that the bitcoin investment is a conservative element of a diversified treasury strategy, rather than an effort to become a major bitcoin holder. Despite surpassing earnings expectations, Figma's shares fell 18% on Thursday, closing at $55.96. The bitcoin holdings remain a minor component of the company's financial strategy.