Nigel Farage Invests £215,000 in Bitcoin Firm Led by Kwasi Kwarteng
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Nigel Farage Invests £215,000 in Bitcoin Firm Led by Kwasi Kwarteng

04 April, 2026.Crypto.10 sources

Nigel Farage invested £215,000 in Stack BTC, led by Kwasi Kwarteng. Stack BTC is chaired by Kwasi Kwarteng, former UK chancellor.

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Farage Backs Former Chancellor's Crypto Firm

The investment gives Farage a 6.3% stake in the London-listed company.

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Stack BTC already holds 21 bitcoins purchased at an average price of $71,594 per coin.

Reform UK has previously received £12 million in political donations from crypto billionaire Christopher Harborne.

Stack BTC's Bitcoin Treasury Strategy

Stack BTC builds a portfolio of cash-generative businesses and accumulates bitcoin.

The company completed a £260,000 funding round alongside Blockchain.com.

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Kwarteng and his wife together own 5.4% of Stack BTC.

Political Finance and Crypto

Farage's investment has sparked controversy given Reform UK's receipt of substantial crypto-linked donations.

Reform, which has received £12m in political donations from the crypto billionaire Christopher Harborne

The GuardianThe Guardian

Critics raise questions about the transparency of political financing through digital assets.

Several parliamentarians have called for stricter regulation of crypto donations.