Nigel Farage Backs UK Bitcoin Treasury Firm Stack BTC with $286,000 Investment
Nigel Farage, leader of the Reform UK party, has made a significant investment in Stack BTC, a London-listed bitcoin treasury firm.
The company, chaired by former Chancellor Kwasi Kwarteng, has received a 6% stake from Farage's Thorn In The Side Ltd. as part of a fundraising round that also involved Blockchain.com.
Farage's investment is valued at £215,000 ($286,000) and will give him a 6.31% holding in the company once the new shares are admitted to trading on March 12.