COINPURO - Crypto Currency Latest News logo COINPURO - Crypto Currency Latest News logo
Invezz 2026-03-09 13:48:59

Nigel Farage buys stake in Bitcoin treasury firm as crypto push grows

Nigel Farage has taken a direct position in the growing corporate Bitcoin treasury sector after investing £215,000 in Stack BTC, a London-listed company focused on accumulating the digital asset. The Reform UK leader now holds a 6.31% stake through his media vehicle Thorn In The Side, according to a release issued Monday. The move links Farage with a company chaired by former UK chancellor Kwasi Kwarteng and adds a political dimension to the firm’s Bitcoin strategy. Stack BTC trades on London’s Aquis exchange and has begun building a treasury based on the cryptocurrency. Farage’s investment also reflects his increasingly visible support for digital assets as the UK debates how to position itself within the global crypto industry. Strategic funding round Stack BTC raised $346,000 through a strategic funding round by issuing 5.2 million new shares priced at 5 pence each. The funding included participation from Farage as well as crypto services firm Blockchain.com. The capital raise is intended to support the company’s efforts to expand its Bitcoin treasury strategy and develop services linked to digital asset management. Corporate Bitcoin treasuries have become a growing trend among firms seeking exposure to the cryptocurrency as part of their balance sheet strategies. Blockchain.com also entered into a partnership with Stack BTC to help support the development of institutional-grade services linked to the company’s planned Bitcoin treasury. The collaboration aims to strengthen the infrastructure needed for holding and managing digital assets within a corporate structure. https://twitter.com/stackbtc_/status/2030917898034704457 Building a Bitcoin reserve Stack BTC has already begun acquiring Bitcoin as part of its strategy. According to information published on the company’s website, it currently holds 21 Bitcoin valued at roughly $1.4 million at recent market prices. The company purchased the BTC in a single tranche on March 5. The acquisition marked the first step in building a reserve intended to support the firm’s long-term strategy around digital asset exposure. Earlier in the year, the company also secured additional funding. Stack BTC said it raised about $2.9 million in February as it prepared to expand its activities and build capital for the treasury approach. The firm is listed on London’s Aquis exchange, a market that has attracted smaller companies exploring financial technology and digital asset-related business models. Political backing for crypto Farage has increasingly positioned himself as one of the UK’s most prominent political supporters of cryptocurrency and blockchain technology. His latest investment places him directly within a company building a Bitcoin treasury strategy. In May 2025, during the Bitcoin conference in Las Vegas, Farage said Reform UK would accept crypto donations. He also outlined plans for a potential Cryptoassets and Digital Finance Bill if the party were to win control of government in the next general election. The proposed legislation would aim to establish a regulatory framework for digital assets in the UK. The next UK general election is expected before August 2029, keeping the issue on the political agenda. Farage has also argued that Britain could play a significant role in the global digital asset industry, pointing to London’s long-standing position as one of the world’s leading financial centres. The post Nigel Farage buys stake in Bitcoin treasury firm as crypto push grows appeared first on Invezz

가장 많이 읽은 뉴스

coinpuro_earn
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.