Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Nigel Farage takes 6% stake in UK bitcoin tr
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Nigel Farage takes 6% stake in UK bitcoin tr
Nigel Farage takes 6% stake in UK bitcoin treasury firm Stack BTC
For feedback or concerns regarding this content, please contact us at [email protected]
Nigel Farage takes 6% stake in UK bitcoin treasury firm Stack BTC
Reform UK leader backs London-listed company chaired by former Chancellor Kwasi Kwarteng as it expands bitcoin strategy.
By James Van Straten|Edited by Sheldon Reback
Mar 9, 2026, 9:31 a.m.
Make us preferred on Google
Nigel Farage (Gage Skidmore/Wikimedia Commons modified by CoinDesk)
What to know:
- Nigel Farage invested in Stack BTC and will hold about 6.31% of the firm when the new shares begin trading on Aquis on March 12.
- Stack BTC, which currently holds 21 BTC, raised 260,000 pounds ($346,000) in a funding round that also included Blockchain.com.
Nigel Farage, leader of the Reform UK party, invested 215,000 pounds ($286,000) in Stack BTC (STAK), a U.K.-listed bitcoin BTC$67,250.88 treasury company, in a fundraising round that also involved Blockchain.com.
In total, the company raised 260,000 by selling 5.2 million new shares at 5 pence each, it said on Monday. The new shares are expected to begin trading on the Aquis Growth Market on March 12.
Farage invested through his Thorn In The Side Ltd. company and will hold 6.31% of Stack following admission of the new shares. Farage said he has long supported bitcoin and believes the U.K. should position itself as a global hub for the crypto industry. Reform is leading in the polls, and has attempted to court the crypto vote by accepting donations in cryptocurrency.
“I have long been one of the UK's few political advocates for Bitcoin,” he said in the statement, adding that London should continue to strengthen its role as a center for financial innovation.
Stack BTC is chaired by former Chancellor Kwasi Kwarteng, who said the investment aligns with the company's goal of building a portfolio of cash-generative U.K. businesses while accumulating bitcoin as a treasury asset. It currently holds 21 BTC.
Blockchain.com will work with the company to develop its bitcoin treasury infrastructure and institutional-grade custody services.
Stack BTC shares rose 12% to 6.875 pence as of 9:30 a.m. in London.
Bitcoin NewsNigel FarageKwasi kwartengUKDigital Asset Treasury
More For You
Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race
CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events.
What to know:
- Disrupting a Stagnant Market: Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product.
View Full Report
More For You
Canton’s Yuval Rooz says smart contract blockchains face a reckoning over value gap
The network's co-founder says many blockchains pitching financial rails lack the activity to justify their valuations, and stablecoins still lack true product-market fit.
What to know:
- Yuval Rooz, CEO of Digital Asset, the company behind the Canton blockchain, says most smart contract networks lack the activity and revenue to justify multibillion-dollar valuations.
- Canton burns tokens with every transaction and distributes issuance to fee-generating apps, aiming to tie value to usage.
- Rooz argues stablecoins will only have true product-market fit when over half of usage is unrelated to crypto trading.
Read full story
Latest Crypto News
Clarity Act will benefit banks more than crypto, former CFTC chair says
Bitflyer volume surges 200% past Binance, Coinbase as oil spike sends Nikkei sliding
Oil pulls back from 25% spike as G7 discusses emergency reserve release
Bitcoin steadies as limited U.S. exposure to oil shocks calms markets
Bitcoin could face deeper downside as odds of U.S. market meltdown rise to 35%
Oil shorts on Hyperliquid get wiped out as crude surges 30% on Iran escalation
Top Stories
Trump's cyber strategy vows to 'support the security' of cryptocurrencies and blockchain
Bitcoin dip may not be over as whales sell into retail buying — a bearish signal
Kalshi, Polymarket seeking $20 billion valuations in fundraising talks: WSJ
Circle moves $68 million in just 30 minutes by using its own stablecoin for internal payments
Market Opportunity
Bitcoin Price(BTC)
$68 837,75
$68 837,75$68 837,75
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
U.S. Treasury Recognizes Legitimate Uses for Crypto Mixers, Proposes “Hold Law” for Suspicious Assets
Bitcoin Magazine U.S. Treasury Recognizes Legitimate Uses for Crypto Mixers, Proposes “Hold Law” for Suspicious Assets The U.S. Treasury Department told Congress
Share
bitcoinmagazine2026/03/09 22:29
The Economics of Self-Isolation: A Game-Theoretic Analysis of Contagion in a Free Economy
Exploring how the costs of a pandemic can lead to a self-enforcing lockdown in a networked economy, analyzing the resulting changes in network structure and the existence of stable equilibria.
Share
Hackernoon2025/09/17 23:00
Strategy returns to strong weekly buying with 17,994 BTC
The post Strategy returns to strong weekly buying with 17,994 BTC appeared on BitcoinEthereumNews.com. Strategy performed its biggest weekly purchase since January
Share
BitcoinEthereumNews2026/03/09 21:47