Nigel Farage has taken a stake in a bitcoin treasury company run by former UK chancellor Kwasi Kwarteng, deepening links between the cryptocurrency sector and the populist political movement led by Nigel Farage.
Farage invested £215,000 in Stack BTC through his media company Thorn In The Side Ltd, according to disclosures relating to a fundraising round for the London-listed firm. The purchase gives the Reform UK leader a stake of around 6.3% in the company.
The investment forms part of a £260,000 capital raise which also included participation from Blockchain.com. Stack issued 5.2 million new shares at 5p each, and the shares will be traded on the Aquis Growth Market.
Farage’s Bitcoin defense
Nigel Farage’s investment aligns with his long-term vision of integrating Bitcoin into the UK’s financial landscape.
“I have long been one of the few political supporters of bitcoin in the UK,” Farage said. “London and the United Kingdom have served as centers of global finance, and the country should aspire to serve as a global center 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 Bitcoin adoption if he became Prime Minister.
Farage’s commitment includes fostering a regulatory environment that encourages the integration of Bitcoin into traditional financial systems.
Reform UK also became the first European party to accept Bitcoin donations. In partnership with UK-based payments company Radom, the party aims to modernize fundraising and engage supporters interested in Bitcoin, bolstering Farage’s role in cryptopolitics.
Nigel Farage has argued that the state could own bitcoins as part of a sovereign wealth structure linked to technology and financial infrastructure.
The party also counts prominent cryptocurrency investor Christopher Harborne among its financial backers. Harborne, a businessman with ties to digital asset trading and venture investing, has contributed large sums to the party in recent years.
Stack BTC’s Role in Bitcoin Treasury Management
Stack BTC plays a critical role in helping businesses and institutions manage their Bitcoin holdings effectively.
The firm specializes in secure storage solutions, risk management strategies and advisory services to help companies integrate Bitcoin into their treasury operations.
By acquiring a stake in Stack BTC, Farage aims to enhance the company’s capabilities, facilitating the adoption of Bitcoin among UK businesses as a viable treasury asset.