"Farage is promoting a £2 million cryptocurrency purchase by a company in which he has £215,000 invested, Stack BTC. The crypto business is chaired by Kwarteng, who previously described the currency as a total crapshoot, but has since undergone something of a conversion."
"Stack BTC describes its strategy as becoming a listed investment vehicle with a primary focus on bitcoin. It exists to accumulate the digital currency, allowing investors to make paper gains when bitcoin does well without buying the currency directly."
Nigel Farage is promoting a £2 million cryptocurrency purchase through Stack BTC, a company where he has invested £215,000. The promotional video features Farage making the purchase while showcasing his communication skills. Stack BTC, chaired by Kwasi Kwarteng, aims to become a listed investment vehicle focused on accumulating bitcoin. The company's strategy allows investors to gain from bitcoin's price fluctuations without directly purchasing the currency, making it an unusual investment proposition.
Read at www.theguardian.com
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