Nigel Farage has invested £215,000 in a cryptocurrency business chaired by former UK chancellor Kwasi Kwarteng, underscoring the growing overlap between politics and the digital asset sector.
The leader of Reform UK purchased 4.3 million shares in Stack BTC through his personal investment vehicle Thorn in the Side Ltd. The shares were acquired at 5p each, giving Farage a 6.3 per cent stake in the company.
Stack BTC is listed on the Aquis Stock Exchange in London and operates a strategy centred on building a portfolio of profitable businesses while using surplus cash to accumulate holdings of Bitcoin.
The investment represents a further step in Farage’s long-standing advocacy of digital currencies and his ambition to position the UK as a global hub for cryptocurrency innovation.
Stack BTC’s business model follows a strategy increasingly adopted by several companies globally: using operational cash flows to build a “bitcoin treasury”.
The company invests in established, cash-generating businesses and channels excess capital into purchasing bitcoin as a long-term store of value. This approach mirrors the strategy pursued by a number of US technology firms and listed investment vehicles seeking exposure to cryptocurrency markets.
The firm currently holds 21 bitcoin tokens valued at more than £1 million, according to its most recent disclosures. Its overall market valuation stands at roughly £3.85 million.
Executives say the goal is to expand the company’s bitcoin holdings over time while also building a diversified portfolio of operating businesses capable of generating reliable cash flow.
Kwarteng joined the company’s board in November last year and now serves as executive chairman.
He and his wife Harriet collectively own a 5.4 per cent stake in Stack BTC, valued at approximately £185,000.
Kwarteng served briefly as Chancellor of the Exchequer in 2022 under the short-lived premiership of Liz Truss. His tenure lasted just 38 days and was marked by the controversial “mini-budget”, which triggered significant turbulence in financial markets and ultimately led to his dismissal.
Since leaving frontline politics, Kwarteng has pursued various roles in finance and advisory positions.
Welcoming Farage’s investment, he said the move represented a strategic alignment between the company and one of the UK’s most vocal political supporters of cryptocurrency.
“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,” Kwarteng said.
Farage has increasingly positioned himself as a prominent political advocate for digital currencies in Britain.
He has repeatedly argued that cryptocurrencies will play an important role in the future of global finance and has called for the UK to become a leading centre for crypto innovation.
“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,” Farage said after the investment was announced.
“London and the UK has 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.”
His investment also reflects the broader political positioning of Reform UK, which has embraced cryptocurrency as part of its economic agenda.
Reform UK became the first major British political party to accept donations in bitcoin in May last year, signalling a more open approach to digital assets compared with other UK parties.
Farage has promised that a Reform government would launch what he described as a “crypto revolution” in Britain, including policies designed to attract blockchain firms and digital asset investment.
The party’s largest financial backer is billionaire investor Christopher Harborne, who has donated roughly £12 million to Reform UK. That includes a £9 million contribution made during the third quarter of 2025, the largest single donation made to a British political party by a living individual.
Harborne has built his fortune largely through cryptocurrency and fintech investments.
Alongside Farage’s share purchase, Stack BTC announced a strategic partnership with Blockchain.com.
The collaboration will support the development of the company’s bitcoin treasury strategy and provide infrastructure for custody, trading and digital asset management.
Executives say the partnership will enable the company to expand its cryptocurrency holdings more efficiently while accessing institutional-grade technology and services.
Farage’s investment comes at a volatile moment for cryptocurrency markets.
Bitcoin, the world’s largest digital asset, has fallen by nearly 40 per cent over the past six months amid global market turbulence. Investor sentiment has been shaken by geopolitical tensions, volatile commodity prices and tightening monetary conditions across major economies.
The cryptocurrency was originally created in 2008 by an anonymous developer using the pseudonym Satoshi Nakamoto and exists entirely as decentralised digital code recorded on blockchain networks.
Despite recent price declines, many investors and technology advocates continue to view bitcoin as a long-term hedge against traditional financial instability.
The UK government is currently moving toward a more structured regulatory framework for digital assets.
Chancellor Rachel Reeves has set out plans for legislation that would regulate cryptocurrency businesses in a similar way to traditional financial firms.
The proposals aim to bring crypto exchanges, custodians and related services under the supervision of financial regulators while protecting consumers from market risks and fraud.
Supporters of the industry argue that clearer regulation could help attract global crypto companies to the UK. Critics, however, warn that digital currencies remain highly volatile and may expose retail investors to significant financial risks.
Farage’s investment highlights the growing intersection between politics, finance and emerging technologies.
As cryptocurrencies continue to move closer to mainstream financial markets, more political figures are becoming involved in the sector as advocates, investors or policy influencers.
Whether Stack BTC ultimately succeeds in building a profitable bitcoin treasury strategy remains uncertain. However, the backing of two prominent political figures ensures the company will attract attention as the UK debate over cryptocurrency regulation and adoption continues to evolve.
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Nigel Farage invests in crypto firm led by Kwasi Kwarteng