The leader of the UK’s Reform Party has invested in Stack BTC, following in the footsteps of his transatlantic ally President Trump on realising the benefits of showing support to the growing cryptoasset industry.
Nigel Farage has become the latest investor in Stack BTC, a UK-based digital asset treasury company led by former UK Chancellor Kwasi Kwarteng.
The Reform UK Leader acquired a 6.31% stake in Stack via his media entity, Thorn in The Side , and will pay 5p per share for 4.3 million shares in a raise that now values Stack at an estimated £3.4m ($4.58m).
Farage invested £215,000 as part of a funding round which raised £260,000. Blockchain.com also invested and will work with Stack to develop its Bitcoin treasury strategy as the company aims to also build out a “portfolio of high-quality, cash-generative businesses” in the UK, according to its briefing on the Aquis Growth Market it is listed on.
“I have long been one of the UK’s few political advocates for Bitcoin, recognising the role digital currencies will play in the future of business and finance,” said Farage.
“London and the UK have historically been the centre of the world’s financial markets, and I believe that we can and should be a major global hub for the crypto industry.”
Stack was founded in July 2021 and operated under the name StackBitcoinTreasury PLC from November 2025 to January 2026. It was also named Kasei Holdings PLC from July 2021 to March 2024, and Kasei Digital Assets PLC until November 2025.
The total number of shares in Stack was 20 million with an aggregated nominal value of £200,000 on 19 January 2026, according to filings on Companies House.
A month later on 20 February, the total number of shares increased to 62.93 million after 42.33 million were allotted. This brought the aggregate nominal value of Stack shares to £629,300.
Former Chancellor Kwarteng, most known for his failed mini-budget under then Prime Minister Liz Truss in 2022, became Stack Executive Chairman in October 2025.
His stake in the company is shared with his wife at 5.4%. He said Farage’s pro-crypto agenda perfectly aligns with Stack’s future growth ambitions.
“Nigel’s unwavering support for British business and belief that bitcoin is set to rapidly expand its role in finance is perfectly aligned with the company’s ethos and business plans,” said Kwarteng.
Farage’s crypto policies
Farage has been a supporter of Bitcoin and the digital asset sector more generally for several years, embodying a pro-crypto agenda similar to his right-wing ally, President Donald Trump, in a bid to win support for a prime minister campaign.
In May 2025, during the Bitcoin Conference in Las Vegas, Farage announced Reform had become the first UK political party to accept donations in Bitcoin and other cryptocurrencies.
This was met with criticism from UK political figures, calling for a temporary ban on crypto donations to Reform, from which the party received £3m from investor and entrepreneur Christopher Harborne.
Political opposition is concerned that crypto donations can be disguised as UK-based donations coming from foreign companies or businesses. Donations from non-UK-based entities are banned.
While the UK government and Financial Conduct Authority (FCA) laid out plans to regulate its cryptoasset market, which is set to launch in October 2027, Farage has promised to introduce his own pro-crypto policies.
He intends to roll out a cryptoasset and digital finance bill which proposes cuts on capital gains tax on cryptoassets, from 24% to 10%. The bill would also lay out clear and transparent guidelines and regulations for firms operating in the UK, suggesting they place themselves in a two-year sandbox to develop use cases before becoming a regulated entity.
In a similar vein to Trump’s establishment of a Federal Bitcoin Reserve which he launched in March 2025, Farage is also keen in creating a Bitcoin Reserve within the Bank of England and using seized stolen cryptoassets to fund the reserve.
