British Reform Party leader Nigel Farage has invested 215,000 pounds (about $286,000) in Stack BTC, a London-listed Bitcoin treasury company chaired by former British Chancellor Kwasi Kwarteng, as the British Reform leader deepens his ties to the crypto sector.
According to Monday’s release, the investment gives Farage a 6.31% stake in the company through his media vehicle Thorn In The Side.
Stack said it raised $346,000 by issuing 5.2 million new shares at $0.065 in a strategic funding round that included Farage and Blockchain.com. Blockchain.com has also entered into a partnership to help provide institutional-level services for its planned Bitcoin (BTC) Stack fund, the company said.
“I have long been one of the few UK political supporters of Bitcoin and recognize that digital currency will play a role in the future of business and finance,” Farage said. “London and the UK have historically been the center of the world’s financial markets, and I believe we can and should be a major global center for the crypto industry.”
He said he was “excited by Stack’s plans to acquire and grow British businesses that represent permanent, supportive and long-term capital.”
The stack raised $2.9 million in February
Stack, which trades on London’s Aquis exchange, said it raised about $2.9 million in February and has 21 bitcoins worth about $1.4 million at current prices, according to its website. The company bought BTC in a tranche on March 5. Kwarteng and his wife control about 5.88% of the stock.
Farage is increasingly establishing himself as one of Britain’s most outspoken political supporters of digital assets. In May 2025, at the Bitcoin conference in Las Vegas, Farage said that the British Reform will accept crypto donations and introduce the “Cryptoassets and Digital Finance Bill” if the party wins control of the government in the next general election, which is expected by August 2029.
related to: UK expands crypto reporting rules to cover domestic transactions
The push coincided with growing debate about the role of crypto in UK politics. Cointelegraph reported on Thursday that Reform UK received another $4 million from Thailand-based crypto investor Christopher Harborne at the end of 2025, following a previous $12 million donation that made him one of the party’s most important financial backers.
The investment comes as Britain debates whether political parties should be allowed to accept crypto donations. On December 2, it was reported that officials were considering a ban, and on February 26, the chairman of the security committee, Matt Western, called for a temporary moratorium until the Election Commission issues official guidance.
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