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Timmy Shen

Nigel Farage takes 6.3% stake in UK bitcoin treasury firm Stack BTC chaired by Kwasi Kwarteng

Nigel Farage, leader of the Reform UK party, has taken a strategic stake of about 6.3% in Aquis-listed bitcoin treasury company Stack BTC Plc as it advances its bitcoin reserve and acquisition strategy. Stack BTC raised £260,000 from investors including Farage and Blockchain.com, issued 5.2 million new shares at £0.05 and last Friday disclosed a first purchase of 21 BTC at an average price of $71,594 per coin while Kwasi Kwarteng serves as chair.
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