Nigel Farage backs UK‑based Bitcoin firm Stack BTC Plc, chaired by former Chancellor Kwasi Kwarteng
London, 9 March 2026 – Stack BTC Plc, a newly‑listed specialist in corporate Bitcoin treasury management, has secured a £350,000‑plus equity infusion that includes a sizable commitment from Reform UK leader Nigel Farage and a strategic partnership with Blockchain.com. The round, carried out through the issue of 5.2 million ordinary shares at 5 pence each, will fund the company’s acquisition drive, the build‑out of a Bitcoin reserve and general working‑capital needs.
Deal structure and shareholder snapshot
- Capital raised: $347,204 (≈ £280 k) from a mix of private investors and institutional players.
- Share issuance: 5,200,000 new ordinary shares at £0.05 per share.
- Trading debut: Shares will begin trading on the Aquis Growth Market on 12 March 2026.
- Ownership stakes: Farage holds roughly 4.3 million shares (6.3 % of the post‑issue pool) while Executive Chairman Kwasi Kwarteng controls about 3.7 million shares (5.4 %). The existing concert party retains just over 45 % of the total share capital.
Strategic intent
Stack BTC, founded earlier this year, intends to create a corporate‑grade Bitcoin treasury that will be financed through equity, future acquisitions and operating profits. The firm’s first purchase is slated to be 21 BTC, funded largely by the proceeds of the current share issue. In parallel, Stack plans to acquire and grow UK‑based small‑ and medium‑sized enterprises (SMEs) whose combined workforce represents roughly 60 % of private‑sector employment.
Blockchain.com, which recently completed FCA registration, will provide institutional‑grade custodial and infrastructure services for the Bitcoin holdings, reinforcing Stack’s compliance and risk‑management framework.
Political and industry context
The participation of Farage and Kwarteng—both prominent figures in British politics—signals a growing convergence between mainstream political advocacy and the crypto sector. Farage, a long‑time proponent of British entrepreneurship, has repeatedly highlighted Bitcoin’s potential as a “store of value” and a catalyst for a UK‑centric digital‑finance hub. Kwarteng, who served as Chancellor of the Exchequer in 2022‑23, framed the investment as an alignment of his vision for a vibrant, innovation‑driven financial centre with Stack’s business model.
Analyst perspective
| Factor | Implication |
|---|---|
| Political endorsement | The entry of high‑profile politicians may attract additional retail and institutional interest, lending credibility to the nascent UK Bitcoin‑treasury niche. |
| Regulatory environment | Blockchain.com’s FCA registration underscores an increasingly regulated landscape, which could mitigate custodial risk and facilitate broader market participation. |
| Capital adequacy | While the $347k raise is modest relative to the firm’s long‑term acquisition ambitions, it provides sufficient runway to commence the initial 21 BTC purchase and demonstrate proof of concept. |
| Market positioning | By combining a treasury strategy with SME acquisition, Stack seeks to differentiate itself from pure‑play crypto custodians, targeting a hybrid “digital‑asset‑backed” business model. |
| Shareholder composition | The presence of politically connected shareholders may influence governance, but the dispersed ownership (over 45 % held by the existing concert party) suggests a balanced voting structure. |
Key takeaways
- Capital injection: Stack BTC has raised just over $347 k through a fresh share issue, with Nigel Farage and Blockchain.com among the investors.
- Leadership: The firm is chaired by former Chancellor Kwasi Kwarteng, whose public support reinforces the company’s vision of the UK as a crypto‑friendly financial hub.
- Strategic focus: Funds will be allocated to acquire UK SME assets, establish a corporate Bitcoin treasury (starting with 21 BTC), and support day‑to‑day operations.
- Regulatory alignment: The partnership with FCA‑registered Blockchain.com provides a compliance backbone for custodial services.
- Market debut: Shares will be listed on the Aquis Growth Market on 12 March 2026, marking one of the first publicly traded Bitcoin‑treasury vehicles in the UK.
The transaction illustrates a widening acceptance of cryptocurrency assets within the mainstream British business community, and may serve as a barometer for future cross‑over investments between political figures and the crypto industry.
Source: https://cryptopotato.com/nigel-farage-invests-in-uk-bitcoin-firm-led-by-former-chancellor-kwasi-kwarteng/
