Nigel Farage Acquires 6% Stake In Bitcoin Firm Stack BTC
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Nigel Farage Acquires 6% Stake In Bitcoin Firm Stack BTC
"I have long been one of the UK's few political advocates for bitcoin. London and the UK have served as a center of global finance, and the country should aim to serve as a global hub for the crypto industry."
"In May 2025, during the Bitcoin 2025 conference in Las Vegas, he pledged to create a Bitcoin reserve at the Bank of England and introduce legislation that would favor the adoption of Bitcoin if he were to become Prime Minister. Farage's pledge includes fostering a regulatory environment that encourages Bitcoin integration into traditional financial systems."
"Reform UK also became the first European party to accept Bitcoin donations. Partnering with UK-based payment firm Radom, the party aims to modernize fundraising and engage supporters interested in Bitcoin, reinforcing Farage's role in crypto politics."
Nigel Farage has invested £215,000 in Stack BTC, a bitcoin treasury company led by former UK chancellor Kwasi Kwarteng, acquiring approximately 6.3% ownership through his media company. This investment deepens connections between the crypto sector and Farage's populist Reform UK movement. Farage has long advocated for Bitcoin adoption in the UK, positioning London as a global crypto hub. During the Bitcoin 2025 conference in Las Vegas, he pledged to create a Bitcoin reserve at the Bank of England and introduce pro-Bitcoin legislation if elected Prime Minister. Reform UK became Europe's first party accepting Bitcoin donations through partnership with payment firm Radom. The party also counts major crypto investor Christopher Harborne among its financial backers, further cementing crypto sector ties.
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