Nigel Farage, leader of the Reform UK party, has invested approximately $286,000 (215,000 pounds) to acquire a 6.31% stake in Stack BTC, a London-listed Bitcoin treasury company chaired by former UK Chancellor Kwasi Kwarteng. The stake was obtained through Farage’s media company, Thorn In The Side, as part of a strategic funding round that raised $346,000 and included Blockchain.com, which also partnered with Stack to deliver institutional-grade Bitcoin treasury services.
Stack BTC trades on London’s Aquis exchange and holds 21 BTC valued at around $1.4 million. The company completed a $2.9 million raise in February, highlighting growing institutional interest in UK-based Bitcoin treasury firms. Farage emphasized the potential of digital assets to support business and financial innovation in the UK, framing the investment as part of long-term capital deployment in British companies.
The investment occurs amid broader debate over crypto’s role in UK politics. Reform UK has previously received significant crypto donations, prompting discussions in Parliament about potential limits or moratoriums on political contributions in digital assets. Farage has also indicated plans to introduce a “Cryptoassets and Digital Finance Bill” if the party assumes government leadership, positioning himself as a prominent political advocate for cryptocurrency adoption.
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