Farage Invests in Kwarteng’s Bitcoin Treasury Firm Stack BTC

Nigel Farage

Photographer: Jason Alden/Bloomberg

Nigel Farage invested in the Bitcoin treasury firm Stack BTC Plc run by former Chancellor of the Exchequer Kwasi Kwarteng, the latest push by the poll-topping Reform UK leader in support of cryptoassets.

Farage invested £215,000 ($286,650) in the business at 5 pence per share, giving him 4.3 million shares and a 6.31% shareholding, Stack BTC said on Monday in a statementBloomberg Terminal. That gives him a larger stake than Kwarteng, the firm’s executive chairman, who holds a 5.43% interest, including shares owned by his wife.