Nigel Farage Takes Stake in UK Bitcoin Treasury Firm Stack BTC

Nigel Farage, leader of the Reform UK party, acquired a 6.31% stake in London-listed bitcoin treasury company Stack BTC through his Thorn In The Side Ltd. vehicle. The investment of £215,000 ($286,000) is part of a larger fundraising round that raised £260,000 ($346,000), also supported by Blockchain.com.

Stack BTC Expands Bitcoin Strategy

Stack BTC, chaired by former Chancellor Kwasi Kwarteng, currently holds 21 BTC and plans to grow its bitcoin treasury while building a portfolio of cash-generative UK businesses. The company sold 5.2 million new shares at 5 pence each, with trading on the Aquis Growth Market set to begin on March 12.

Farage has been a vocal advocate for bitcoin in the UK, emphasizing the country’s potential as a hub for crypto innovation. Following the announcement, Stack BTC shares rose 12% to 6.875 pence, signaling market optimism about the firm’s treasury strategy and the involvement of both political figures and institutional partners. Blockchain.com will support the company’s bitcoin infrastructure and custody services, strengthening its institutional-grade operations.

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