As Nigel Farage strengthens his relationship with the company, Stack BTC, an Aquis-listed Bitcoin treasury company led by former UK Chancellor Kwasi Kwarteng, bought two million British pounds ($2.7 million) worth of Bitcoin on Monday.
As part of their treasury strategy, the firm bought 37 Bitcoin at a price of about $72,385 each, according to a document dated April 13. As of right now, the company possesses 68.1898 BTC.
The acquisition comes after Farage’s previously announced $286,000 equity investment in the company, which has been positioning itself as a means for UK investors to gain exposure to Bitcoin through public markets.
This makes Farage the first sitting member of parliament and leader of a UK political party to openly support Bitcoin.
While Kwarteng said the company had made “massive progress” recently, Farage stated in a video announcing the acquisition that Stack could not be a Bitcoin treasury company without holding Bitcoin.
Farage’s participation expands upon his prior investment in the business in March, when he and Kwarteng purchased a minority 6.31% interest.
With around $18 million in crypto-linked fundraising in 2025 alone, Reform UK has become the most well-known political organisation in the UK during the past year, surpassing both the Conservatives and the ruling Labour Party. Regulators and advocates for openness have taken notice of this development.
Source: X.com
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