Nigel Farage fronts £2m Bitcoin buy via Stack BTC

Nigel Farage fronted a £2 million purchase of Bitcoin through Stack BTC Plc on April 13, 2026. The transaction was executed at Blockchain.com’s London headquarters in London and was filmed. Farage participated as a key shareholder; he is a sitting Member of Parliament.

Stack BTC said the acquisition was funded from recent capital raises that generated more than £4.2 million. The company’s treasury rose from about 21 BTC to 68.19 BTC after the purchase. Stack BTC’s model combines buying profitable UK companies and converting surplus capital into Bitcoin, which it treats as a long-term balance-sheet holding rather than a trading position.

Kwasi Kwarteng, former UK chancellor and executive chairman of Stack BTC, wrote that the company’s goal is “to build the UK’s premier Bitcoin treasury company and put London at the center of this new monetary era.” The purchase was presented by the company as evidence of active accumulation.

The acquisition came while Bitcoin was trading lower compared with earlier in 2026. Stack BTC described the £2 million buy as opportunistic buying during a market dip and noted it is part of a planned programme of deployments as available capital is converted into Bitcoin holdings.

The public nature of the transaction, combined with Farage’s role as a shareholder and elected official, has prompted questions about optics and potential conflicts of interest. Farage has previously advocated for UK crypto-friendly policies, and his party, Reform UK, began accepting cryptocurrency donations in May 2025.

Stack BTC has stated it will continue to deploy capital into Bitcoin as it raises and consolidates resources. The company and market participants will likely track any further purchases and changes to the firm’s treasury size, and follow any resulting debate on regulation, taxation and institutional adoption of digital assets in the UK.