Bitcoin Magazine
Nigel Farage Acquires 6% Stake in Bitcoin Firm Stack BTC
Nigel Farage has taken a stake in a bitcoin treasury company led by former UK chancellor Kwasi Kwarteng, deepening links between the crypto sector and the populist political movement led by Nigel Farage.
Farage invested £215,000 in Stack BTC through his media company Thorn In The Side Ltd, according to disclosures tied to a fundraising round for the London-listed firm. The purchase gives the leader of Reform UK a stake of about 6.3% in the company.
The investment forms part of a £260,000 capital raise that also included participation from Blockchain.com. Stack issued 5.2 million new shares at 5 pence each, with the shares set to trade on the Aquis Growth Market.
Farage’s Bitcoin advocacy
Nigel Farage’s investment aligns with his long-term vision to integrate Bitcoin into the U.K.’s financial landscape.
“I have long been one of the UK’s few political advocates for bitcoin,” Farage sai
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