Reform UK leader Nigel Farage has made a significant investment in a Bitcoin-focused treasury business that counts former Conservative Chancellor Kwasi Kwarteng among its leadership, marking a notable political endorsement of cryptocurrency within British finance.
Investment Details and Stake Acquisition
According to stock market filings published on Monday, Farage has spent £215,000 to acquire a 6.3 percent stake in Stack BTC, a small-cap company listed on the Aquis exchange. The firm describes its mission as "focused on building a portfolio of high-quality, cash-generative businesses alongside a Bitcoin treasury."
This investment comes as Kwasi Kwarteng, who joined Stack's board in November, has since been appointed executive chairman of the business. Kwarteng and his wife Harriet together control a 5.4 percent stake valued at approximately £185,000.
Political Alignment with Cryptocurrency Advocacy
"I am delighted to have become an investor in Stack and lend my support to the team," Farage stated. "I have long been one of the UK's few political advocates for Bitcoin, recognizing the role digital currencies will play in the future of business and finance."
Farage emphasized London's historical position as a global financial center, adding: "I believe that we can and should be a major global hub for the crypto industry."
Kwarteng responded to the investment by noting: "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 plan."
Background and Business Connections
Stack BTC was founded last year by entrepreneur Paul Withers, who previously established Direct Bullion, a gold dealership that recruited Farage to produce advertisements encouraging retail investors to purchase gold. This connection highlights Farage's ongoing involvement with alternative asset businesses.
Farage's Growing Crypto Ambassadorship
Farage has increasingly positioned himself as a political ambassador for cryptocurrencies, partly inspired by former US President Donald Trump's engagement with crypto advocates and his launch of a personal crypto token. Speaking at the Zebu Live digital assets conference in October, Farage remarked that cryptocurrency had "been a big part of Trump's success, and I think the industry has benefited massively from Trump becoming president."
He added that the former president had "learned from me on some things and vice versa on others," suggesting mutual influence in their approaches to digital assets.
Banking Access and Political Funding
At the same conference, Farage—who previously caused controversy with NatWest after complaining about being "debanked" by its Coutts subsidiary—vowed to address issues of crypto traders being denied access to bank accounts.
Cryptocurrency enthusiasts have also emerged as significant financial supporters of Reform UK. The party received a £9 million donation from crypto investor Chris Harborne in the third quarter of last year, representing the single-largest donation to a British political party by a living donor. According to recent disclosures, Harborne contributed an additional £3 million in the fourth quarter of 2025.
This investment and the surrounding political endorsements underscore the growing intersection between cryptocurrency advocacy and UK politics, with prominent figures like Farage and Kwarteng actively supporting the industry's expansion in Britain's financial landscape.
