UK reform leader Nigel Farage has become the first British MP and party leader to publicly support it Bitcoin — a distinction his company was quick to highlight when it announced his participation.
A company built around a single asset
BTC stacklisted on the Aquis Stock Exchange and headed by former UK consultant Kwasi Kwarteng, Bought 37 Bitcoin on Monday for approximately $2.7 million, or about £2 million. The purchase price reached approximately $72,385 per coin. The company now owns a total of 68.19 BTC.
Stack BTC markets itself as a way for UK investors to gain exposure to cryptocurrencies through public markets – essentially a listed instrument that holds bitcoin so ordinary shareholders don’t have to hold it themselves. Its stock price rose 7.3% on Monday, closing at $14.42, up from $13.42 at Friday’s close.
BREAKING: Nigel Farage has bought £2 million worth of Bitcoin for Stack BTC – becoming the first MP and first UK political party leader in history to publicly buy Bitcoin.
A historic moment for Bitcoin in British politics.$stack @Nigel_Farage @Blockchain @kwasi_stackbtc… pic.twitter.com/O614kKe5TN
— Stack Bitcoin (@stackbtc_) April 13, 2026
Farage already had a skin in the game before Monday’s announcement. He revealed a $286,000 stake in Stack BTC, giving him a 6.31% minority stake in the company. Kwarteng also holds a stake. Both investments were unveiled in March.
In a video linked to Monday’s purchase, Farage said the bitcoin treasury company could not operate without physically holding bitcoin. Kwarteng said the company has made significant progress in recent weeks.
Source: Investegate
Reform UK raised $18 million in cryptocurrency donations last year
This announcement comes at a critical moment for Farage politically. During the past year, Reform UK It has raised around $18 million in cryptocurrency-related donations – more than the ruling Labor or Conservative parties.
BTCUSD trading at $71,961 on the 24-hour chart: TradingView
This number has been subject to scrutiny by regulators and transparency groups. The UK government has responded by pressing ahead with plans to temporarily ban cryptocurrency donations to political parties. UK lawmakers have since called for a halt to such contributions.
The proposed ban would cut off one of the most productive sources of funding for UK reform. Farage has not publicly addressed this conflict directly.
Bitcoin support puts Farage ahead of his political rivals in the UK
Reports indicate that no other British MP or party leader has taken a similar financial stance on Bitcoin. Stack BTC described Farage’s participation as a landmark moment for Bitcoin in British politics.
The success of this framework depends in part on what happens next in Parliament, where restrictions on donating cryptocurrencies are still on track to be implemented.
Featured image from Protos, chart from TradingView
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