Nigel Farage bets on Bitcoin with stake in UK treasury firm Stack BTC amid political funding debate

Nigel Farage has doubled down on his bet on Bitcoin after investing £215,000 in Stack BTC, a London-listed firm focused on building a corporate Bitcoin treasury.

The investment gives the Reform UK leader a 6.31% stake in the company through his media vehicle "Thorn In The Side", positioning him alongside other investors backing the firm’s strategy of anchoring long-term capital in Bitcoin.

Stack BTC, chaired by former UK chancellor Kwasi Kwarteng, raised roughly £260,000 in a strategic funding round that also included crypto services firm Blockchain.com.

As part of the deal, Blockchain.com will help develop institutional infrastructure for the company’s Bitcoin treasury strategy.

The company has already begun executing that strategy. Stack BTC said it recently purchased 21 Bitcoin in a single tranche, worth about $1.4 million at current market prices.

Kwarteng and his wife hold approximately 5.88% of the company’s shares, underscoring the close involvement of prominent political figures in the firm’s leadership and ownership.

Farage framed the investment as part of a broader push to reposition Britain as a global crypto hub. Long one of the most vocal Bitcoin supporters in UK politics, he has argued that digital assets will play a major role in the future of finance and that London should embrace the opportunity.

“London and the UK has historically been the centre of the world’s financial markets, and i beleiv that we can and should be a major global hub for the crypto industry."

The move also aligns with Farage’s wider political messaging around digital assets. He previously said that Reform UK would accept cryptocurrency donations and introduce legislation aimed at supporting digital finance if the party were to form a government in a future election.

Is Bitcoin A Controversy Or An Opportunity

However, Farage’s deepening ties to Bitcoin are also fueled fear about the growing impact of crypto in political funding in the UK.

Reform UK has reportedly received significant backing from crypto-linked investors, including Thailand-based financier Christopher Harborne, transferred 4 million to the political party in late 2025, after an earlier $12 million donation.

The $16 million financial injection has also made Harborne one of the party's most significant financial backers. However, such influx of funding has prompted calls for tighter oversight.

On December 2, UK officials were reportedly considering a ban. On Feb 26, security committee chair Matt Western called for a temporary pause on crypto donations to political parties until the country’s Electoral Commission establishes formal guidelines.

Critics, however, warn that the growing overlap between digital-asset wealth and political influence raises questions about transparency and regulatory oversight.

For Farage, the bet on Bitcoin appears to serve both purposes — a political statement and an economic wager that the future of finance will increasingly revolve around digital assets.