The Bitcoin treasury firm Stack BTC, linked to Nigel Farage, has made a fresh multimillion-dollar move into crypto.
Stack BTC Plc purchased about $2.7 million worth of Bitcoin a few hours ago; this new purchase adds to its previous 37 BTC. The company now holds over 68 BTC and is moving closer to its goal of using BTC as a part of its strategy to build a balance sheet backed by digital assets.
Currently, Stack BTC is chaired by Kwasi Kwarteng, and he aims to give public market investors secure exposure to Bitcoin. The recent purchase shows how some companies are increasingly treating Bitcoin as a treasury reserve asset.
Source: Investigate.co.uk
Farage, who already owns a minority stake in the company, said the move was very necessary, noting that a Bitcoin treasury company must hold some form of Bitcoin. His involvement makes him one of the few active UK political leaders who are openly backing a crypto-focused firm.
Also Read: UK Crypto Donation Ban: Government Cracks Down on Political Party Funding in 2026
The announcement also pushed the company’s share price higher, reflecting how investors have shown their support to the news of the BTC purchase.
How Stack Bitcoin Purchase Creates Political Pressure as Crypto Expansion Grows
Farage’s growing involvement comes at a time of rising scrutiny in UK politics. His party, Reform UK, has attracted significant crypto-linked donations, drawing attention from regulators and watchdog groups. This has increased concerns about transparency and the risk of foreign influence.
In response, policymakers in the United Kingdom are working on stricter rules, including a proposed temporary ban on crypto donations to political parties. Even with this pressure, Stack BTC is continuing to expand its Bitcoin holdings, showing confidence in crypto despite tightening regulations.
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