Nigel Farage Acquires 6.3% Stake in Kwasi Kwarteng’s UK Bitcoin Treasury Firm
Farage invested £215,000 to acquire a 6.3% stake in Stack BTC, aiming to build a bitcoin treasury and promote the UK as a crypto hub, the company said.
- Nigel Farage, leader of the populist Reform UK party, has acquired a 6.3% stake in Stack BTC, a London-based company aimed at acquiring small British companies and investing surplus capital into Bitcoin.
- Stack BTC's executive chairman is Kwasi Kwarteng, who as finance minister in 2022 delivered the mini budget that sparked a market meltdown.
- Farage, a friend of Donald Trump, said of his investment that he wanted London to become a major global hub for the crypto industry.
24 Articles
24 Articles
‘Man of the people’ Nigel Farage invests £215,000 in Kwasi Kwarteng’s bitcoin firm
Self-proclaimed ‘man of the people’ Nigel Farage, who is among the highest earning MPs in Parliament, has invested £215,000 in Kwasi Kwarteng’s bitcoin firm. Far from being anti-establishment, millionaire former banker Farage, has invested his money in former Tory chancellor Kwasi Kwarteng’s bitcoin reserves company, Stack BTC. Farage is a keen advocate of bitcoin, saying in a statement following his investment: “I have long been one of the UK’s…
Reform UK's Nigel Farage invests in bitcoin-buying company
LONDON, March 9 : Nigel Farage, leader of the populist Reform UK party, has invested in Stack BTC, a London-based company aimed at acquiring small British companies and investing surplus capital into bitcoin, a statement said on Monday. Farage, a public supporter of bitcoin who has secured big donations from
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