Leading UK PM Candidate Nigel Farage Facilitates £2 Million Bitcoin Purchase for Stack BTC

Reform UK leader and sitting MP Nigel Farage has been involved in Stack BTC Plc (STAK) purchasing £2 million worth of Bitcoin, the Aquis-listed Bitcoin treasury company.

This transaction is not a personal investment by Nigel Farage. The Bitcoin was bought on behalf of Stack BTC, using corporate funds as part of the company’s ongoing Bitcoin treasury accumulation strategy.

Today the company announced it has purchased an additional 37.1898 Bitcoin at approximately £53,778 per BTC (around US$72,385), bringing its total holdings to 68.1898 BTC. The move underscores Stack’s “dual-engine” model of acquiring cash-generative UK businesses while steadily growing its Bitcoin treasury per share.

Stack BTC is led by Executive Chairman Kwasi Kwarteng, the former Chancellor of the Exchequer. It is the first Bitcoin treasury company in the world to be headed by a politician who has held such high office, bringing significant macroeconomic and policy expertise to the board.

The investment carries added weight because Farage is not only a sitting MP and the leader of Reform UK — currently polling as one of the strongest parties and positioning him as a top contender for Prime Minister — but also one of Britain’s most vocal political advocates for Bitcoin. He has publicly pledged to establish a national Bitcoin reserve in the UK if Reform UK enters government. Farage’s own interest in Bitcoin was sparked years ago when he was debanked by traditional institutions, an experience that highlighted the vulnerabilities of relying solely on legacy finance and the importance of decentralised, sovereign assets.

In comments today Farage said: “Well, Stack cannot be a Bitcoin treasury unless we buy Bitcoin, which is exactly what we’ve done today. The company’s really starting to get moving. And what great partners we’ve got in blockchain.com.”

Kwasi Kwarteng added: “This is only the beginning of a great journey.”

Stack BTC itself captured the bigger picture, stating: “Let’s hope we can get it to a point where Bitcoin is a sovereign capital instrument for the entire nation.”

This £2 million purchase is significant on multiple levels. It marks the first time a sitting UK MP and major party leader has publicly bought Bitcoin on this scale through a listed treasury vehicle — a landmark moment for crypto in British politics. It also demonstrates Farage’s personal conviction that Bitcoin belongs on corporate and, ultimately, national balance sheets. With Reform UK riding high in the polls and Farage’s long-standing call for the UK to become a global crypto hub, the move signals growing mainstream acceptance and could accelerate policy discussions around Bitcoin as a strategic reserve asset.

Whether Stack can scale its modest treasury into something materially larger remains to be seen, but Farage’s increased commitment and the company’s latest Bitcoin acquisition show clear momentum.

This article is for informational purposes only and does not constitute financial advice.