Nigel Farage invests £215,000 in bitcoin company led by Kwasi Kwarteng

Nigel Farage has invested £215,000 in a cryptocurrency business led by former UK chancellor Kwasi Kwarteng, underscoring the growing relationship between politics and the digital asset sector.

The Reform UK leader bought 4.3 million shares in Stack BTC through his 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 uses a strategy that focuses on building a portfolio of profitable businesses while using surplus capital to accumulate Bitcoin.

The investment represents another step in Farage’s long-standing advocacy of digital currencies and his desire to position the UK as a global hub for cryptocurrency innovation.

Stack BTC’s business model follows a strategy that is increasingly being adopted by several companies around the world: using operating income to create a “bitcoin treasury”.

The company invests in established, cash-generating businesses and channels excess cash from buying bitcoin as a long-term store of value. This approach reflects the strategy followed by a number of US technology companies and listed investment vehicles seeking exposure to cryptocurrency markets.

The company currently holds 21 bitcoin tokens worth more than £1 million, according to its latest disclosure. Its market capitalization is estimated at £3.85 million.

Management says the goal is to grow the company’s bitcoin over time while also building a diverse portfolio of viable businesses capable of generating reliable cash flow.

Karteng joined the company’s board in November last year and is now the executive chairman.

He and his wife Harriet together hold a 5.4% stake in Stack BTC, worth an estimated £185,000.

Karteng briefly served as Chancellor of the Exchequer in 2022 under the interim leadership of Liz Truss. His tenure lasted only 38 days and was marked by a controversial “minimum budget”, which caused a major upheaval in the financial markets and eventually led to his ouster.

Since leaving mainstream politics, Kwarteng has pursued various roles in finance and advisory positions.

Welcoming Farage’s investment, he said the move represents a strategic fit between the company and one of the UK’s most vocal political supporters of cryptocurrency.

“Nigel’s unwavering support for British business and the belief that bitcoin is set to rapidly expand its role in finance is perfectly aligned with the company’s business principles and plans,” Kwarteng said.

Farage has further established himself as Britain’s leading political advocate for digital currencies.

He has repeatedly argued that cryptocurrencies will play a key role in the future of global finance and has called for the UK to become a leading center for crypto innovation.

“I have long been one of the few UK political advocates of bitcoin, recognizing the role digital currencies will play in the future of business and finance,” Farage said after the investment was announced.

“London and the UK have historically been the center of the world’s financial markets, and I believe that we can and should become a major global hub for the crypto industry.”

His investment also reflects the wider political stance of Reform UK, which has embraced cryptocurrency as part of its economic agenda.

Reform UK was the first major British political party to accept bitcoin donations in May last year, showing a more open approach to digital assets compared to other UK parties.

Farage has promised that the Reform government will introduce what he describes as a “crypto revolution” in Britain, including policies designed to attract blockchain firms and investment in digital assets.

The group’s biggest financial backer is billionaire investor Christopher Harborne, who has donated around £12 million to Reform UK. That includes a £9 million donation made in the third quarter of 2025, the largest single donation by a living person to a British political party.

Harborne built his wealth largely through cryptocurrency and fintech investments.

Alongside the purchase of Farage’s share, Stack BTC announced a strategic partnership with Blockchain.com.

The partnership will support the development of the company’s bitcoin treasury strategy and provide infrastructure for storage, trading and management of digital assets.

Executives say the partnership will enable the company to grow its cryptocurrency holdings more efficiently while accessing institutional-level technology and services.

Farage’s investment comes at a volatile time in cryptocurrency markets.

Bitcoin, the world’s largest digital asset, has fallen nearly 40 percent in the past six months among global markets. Investor sentiment has been shaken by political tensions, volatile commodity prices and tightening financial conditions across major economies.

Cryptocurrency was first invented in 2008 by an anonymous developer using the pseudonym Satoshi Nakamoto and exists entirely as a decentralized 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 the volatility of traditional currencies.

The UK government is currently moving towards a comprehensive regulatory framework for digital goods.

Chancellor Rachel Reeves has put forward legislative plans that would regulate cryptocurrency businesses in the same way as 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.

Industry supporters say 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 convergence between politics, finance and emerging technology.

As cryptocurrencies continue to approach mainstream financial markets, many political figures are involved in this field as lawyers, investors or policy advocates.

Whether Stack BTC ultimately succeeds in creating a profitable bitcoin cash strategy remains uncertain. However, the support of two prominent politicians ensures that the company will attract attention as the UK debate on the regulation and acceptance of cryptocurrency continues to evolve.